inventory as at March 31, 2020 accounts for 24.72 percent of the total assets, of which 23.31 percent are finished products, 17.73 percent are work in progress and 40.46 percent are raw materials. The

derived from the overall operating results. Financial Position The group’s assets decreased by Baht (154.09) million, mainly due to the following reasons: • Restricted cash decreased Baht (47.46) million

financial position as of 31 December 2018, the balance of total assets which were Baht 2,758 million and Baht 2,553 million, respectively, increased by Baht 205 million, or increased by 8.03% due to the

increase of gross profit from 28 percent of the year 2016 to be 30 percent of the year 2017. The main result caused from the price of raw material was in declining trend and also the Company could manage the

decreasing at the amount of 4.57 million from the decrease of revenue from selling raw materials in the 1st quarter 2019. Financial Position: Consolidated Financial Statements 1. Total Assets Statement of

cost of sales comparing to Quarter 2 in 2019 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the

the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the six-month period ended 30 June 2019, the Company’s

gross profit from 28.36 percent of the 1st quarter 2017 to be 29.92 percent of the 1st quarter 2018. The main result caused from the quantity and price of raw material was in declining trend. For the cost

analysis of financial status as at 30 June 2019 The group’s assets increased by Baht 77.90 million, mainly due to the following reasons: • Inventories increased by Baht 44.14 million and trade and other

percent (35.0 percent in the year 2017). The gross margin was higher as the company could be controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased