declined fixed cost per unit were another factors for gross margin improvement. Administrative Expenses In 1Q’18, administrative expenses increased by 35% yoy due to the increase of expenses namely
than in Q417 due to lower provisions in Q118. Foreign Exchange Rates Each week's sales and purchases are booked based on the exchange rate at the close of the previous week. The average exchange rate for
expenses in Q218 were 3% higher than in Q118. Foreign Exchange Rates Each week's sales and purchases are booked based on the exchange rate at the close of the previous week. The average exchange rate for
% higher in Q319 from Q318 due to increased R&D expenses. Foreign Exchange Rates Each week's sales and purchases are booked based on the exchange rate at the close of the previous week. The average exchange
gross margin +7%. SG&A expenses were 6% lower in Q120 from Q119. Foreign Exchange Rates Each week's sales and purchases are booked based on the exchange rate at the close of the previous week. The average
compared with previous year Worldwide Flight Services Bangkok Air Ground Handling Company Limited (BFS Ground) The operating performance of BFS Ground for services provided to other airlines for the first
previous quarter. The Monetary Policy Committee (MPC) decided to keep the policy interest rate unchanged at 1.50 percent as it considered that the current accommodative monetary policy stance remained
with this political risk potentially denting consumer and business sentiment as well as investment activity. Aside from these risks the industrial trends impacting the lime business are positive. Fixed
6,800 tons in this quarter, therefore, the company recorded methyl ester sales volume at 111,590 tons, an increase of 21,490 tons or 24% compared to the same quarter of the previous year. Meanwhile fatty
184.6% from the first quarter of 2019 of which the reserve was at Baht 100.0 million as regulated by the previous standard. LH Financial Group Public Company Limited Management Discussion and Analysis for