part of the 3E project (Efficiency, Energy, and Environmental Project), lowering the cost of producing electricity and steam 9 | Management Discussion and Analysis of Business Operation for the year 2017
received great response from customers. The company also introduce a new production line, producing and exporting frozen freshwater fish fillet with considerable orders already in place and a tendency to
Company’s cost of goods sold also increased in a lesser proportion. Towards the end of the year 2016, the Company also started producing and selling more high-end products, which have higher profit margin
of 57.35 million baht, as subsidiary, Grace Water Med Company Limited (“GWM”), operating business of producing and selling dialysis solutions and various medical supplies, which increased from the same
million, compared with Baht 2,510.53 million as at December 31, 2018. Increased by Baht 51.63 million as a result of subsidiaries company has invested more molds for producing minibus. Please be informed
approximately 24.20 million Baht due to the cost of transportation in the country by land and the cost of producing dialysis for 6 months period included but no mentioned cost in year 2017. Also the Company is in
with Baht 2,510.53 million as at December 31, 2018. Increased by Baht 33.64 million as a result of subsidiaries company has invested more molds for producing minibus. Please be informed accordingly. Your
(Deficit) Unappropriated 363.61 426.45 491.34 Total Shareholders’ Equity 463.61 526.45 591.34 Income Statement Revenue from Sale of Goods and Rendering of Services 466.56 568.04 618.45 Cost of Sale of Goods
Capital 100.00 100.00 100.00 Issued and Fully Paid-Up Share Capital 100.00 100.00 100.00 Retained Earnings (Deficit) Unappropriated 363.61 426.45 491.34 Total Shareholders’ Equity 463.61 526.45 591.34
Earnings (Deficit) Unappropriated 363.61 426.45 491.34 Total Shareholders’ Equity 463.61 526.45 591.34 Income Statement Revenue from Sale of Goods and Rendering of Services 466.56 568.04 618.45 Cost of Sale