currencies causing lower revenue and gross profit although the company raised sales volume. For the three-month period ended 31 March 2019, the selling and administrative expenses was 7.98 million Baht

same period of previous year mainly because the significant growth in revenue. The Company had lower proportion of cost due to economy of scale by producing in larger quantities, and the more skill

(compared to 22.65% of the same period of previous year). The profit margin increased from the same period of previous year mainly because the significant growth in revenue. The Company had lower proportion

or net profit margin of 6.36%. This decrease resulted from Baht appreciation against other currencies, therefore, the Company recognized lower revenue, profit and profit margin. Thus, the company

company had lower cost of goods sold from its zinc production in 2017 compared to higher cost of goods sold from imported zinc in 2018.  Selling and Administrative expenses decreased by 24% to 400.45 MB in

from 1,163.00MB in 3Q 2017 and costs of goods sold increased by 4% to 3,499.33MB in 9M 2018 from 3,358.10MB in 9M 2017. This is because the company had lower cost of goods sold from its zinc production

value of consideration comparing to the reviewed financial statements as of 30 June 2019 of the Company. The said transaction size lower than 15%. Therefore, the Company does not need to report

2016 because the Company re-estimates the performance, so the Company can use the deficit lower than the last year. Net profit (loss) For year 2017, the Company has net loss at Baht 60.55 million which

equivalent to 430.43%, because the Company re-estimates the performance, so the Company can use the deficit lower than the last year. Net profit (loss) For the 3 months period (quarter 1/2018), the Company has

which themselves had lower revenue from epidemic situation of COVID-19. In addition, the company received lower initial membership fee income due to fewer new franchise branches opened when compared to