some customers. Labor costs have increased due to the minimum wage adjustment in April. In addition, there were significantly increased in trial cost and example product cost of new model in packaging
Margin Gross profit margin decreased from 37.91% in 2018 to 35.47% in 2019. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, along
profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation
lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2019, the Company’s SG&A
. The decrease of financial cost was mainly in related to support the Company’s and its subsidiaries’ operation as well as impact by the averaged lowered interest rate as compared to previous year. 5. Net
lowered, and the cancellation of the reclassification of fixed costs at the new factory had incurred as a result of lower-than-normal production capacity to administrative expenses. Consequently, the
/Litre, lowered by 5% YoY, a result from lubricant product’s rising cost compared to their stagnant price, combined with slight dips in retail marketing margin. Marketing margin decreased 1% QoQ, from
the subject of a legal action that is pending consideration of the Supreme Court (Cargill already won the legal action at the trial court). If the Company loses such legal action, its assets may be
, which is an exceptionally high amount of debt, and is currently the subject of a legal action that is pending consideration of the Supreme Court (Cargill already won the legal action at the trial court