allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost
maintenance shutdown in the last quarter. Consequently, the gross profit in Q2/2017 increased by Baht 158 million or 14% from Q1/2017. When compare Q2/2017 with Q2/2016’s net profit, Q2/2017’s net profit
million according to the percentage of shareholding, resulting in the increase of profit. When compare Q3/2017 with Q3/2016’s net profit, Q3/2017’s profit increased by Baht 164 million or 23% because there
product for sales as well as raw material for manufacture to quality product and sales. For the period of three months ended 30th June 2017, the Company and its subsidiaries had cost of goods sold of Baht
. Cost of goods sold to sales revenue ratio edged up slightly from 30.22% to 30.65 % as a result of the changing sales mix that each product line contributed to total sales. Table 6: Cost of Goods Sold by
from sales & service 853.77 810.47 43.30 5.3% Other income 6.29 6.47 -0.18 -2.8% Total revenue 860.06 816.94 43.12 5.3% Cost of goods sold & service 743.25 700.82 42.43 6.1% Selling expenses 16.10 14.83
quarter due mainly to a slump of 52.42% in international sales revenue compared to the same period of the previous year. The reason for this is that the product delivery was delayed after the license was
the project has been currently commencing the 2nd phase and will accelerate the construction for the remaining phases until completed all 4 phases. 2. Cost of goods sold and expenses: Consolidated Unit
MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade
company to establish Vanachai Logistics Co., Ltd. which will operate the business of receiving - sending goods within the country. The company will then invest in ordinary shares of Vanachai Logistics Co