accordance with lower sales. Gross profit margin decreased from 11.24% in Q3 2020 to 9.34% in Q3 202, mainly caused by lower sales, delayed price adjustment of raw material price increases in our Portugal

material’s market price as discussed above. 1.3 In the 3rd quarter of 2019, the Raw material and By-products’ ratio of cost of sales to total revenue was decreased from in the 3rd quarter of 2018 to 136.51% or

recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such cold rolled stainless steel sheet and coil and special grade stainless which the Company and its

of 2.08 percent and increase in raw material cost, salary and benefits of the employees, electricity expenses, gas expense and repair and maintenance expenses. Cost of services was Baht 96.07 million

100% from 1H/2020 due to the sales of raw material to Mikka Café franchisee. • Revenue from Catering and Pop-Up in 1H/2021 was THB 26 million, increased by THB 7 million or 37% from 1H/2020 due to the

MDF Board production is relatively cheaper than other competitive countries. The location of the Planet’s MDF Board manufacturing plant is in Yi-ngor district, Narathiwat Province, near the raw material

MDF Board manufacturing plant is in Yi-ngor district, Narathiwat Province, near the raw material area in the three southern border provinces. As the location has numerous rubber-wood plantation areas

the main products such as copper, aluminum and stainless pipes in accordance with lower in global raw material prices and increasing competition. The majority sales of Company comprised of metal like

and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and

sales of raw material to Mikka Café franchisees, and the increase in revenue from the Hong Kong dessert café franchise. • Revenue from Catering and Pop-Up in Q2/2022 was THB 16 million, increased by THB 3