year 2018 increased 14.15 percent from 1st quarter on year 2017. Revenue from sales increased 12.28 percent due to higher sale volume and higher sale volume in CNF incoterm, however most of revenue is

from last year. Revenue from sales decreased 1.66 percent due to the effect of Thai Baht appreciation and sale price declining, even though sale volume and proportion of sale in CNF incoterm increased

of last year. Revenue from sales of first half on 2018 decreased 0.25 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF incoterm increased from first half on

, driven by new business models that enable them to reach a mass market. Despite their technical expertise, these companies are unable to enter the market because of regulatory hurdles.      Therefore

against the US dollar and Euro in the period, which resulted in THB sales declining by Bt111 million (Table 1). The drop in revenue in 1Q19 was mainly pressured by a decrease in sales volume by 1% Q-o-Q and

, while consignment usage was lower at Bt760 million (Table 3). The Y-o-Y decrease in revenue was due mainly to a 14.8% decrease in sales volume (Table 4), and due partly to the strengthening of the Thai

were not recognized as sales revenue this quarter in accordance with relevant incoterms. The Y-o-Y decrease in revenue was due mainly to a 13% decrease in sales volume (Table 4) and due to the

increase in sales volume by 12% Q-o-Q and 8% Y-o-Y (Table 5), particularly of special grade products, and a ramping up of production from sales contracts won in previous years. Nevertheless, sales revenue

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change

. Sales Revenue decreased by 192.18 million baht or 9.35% from 2,055.79 million baht in 2017 to 1,863.61 million baht in 2018 due to sales volume decrease which was affected by the turnaround maintenance of