fixed costs, while sales that increased from business growth will gradually be recognized as revenue per the accounting standard. 2. Total expenses of Baht 41.50 million, a decrease by Baht 217.18 million

an increase in the reclassification of fixed costs at the new factory which incurred as a result of lower-than-normal production capacity, expenses related to discontinuation of drink products, staff

. Average goods selling time Day 24 18 18 6. Fixed asset turnover ratio Time 0.47 0.55 0.56 7. Total assets turnover ratio Time 0.09 0.14 0.22 8. Debt to equity ratio Time 0.12 0.10 0.60 9. Gross profit

22.68% 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. Due to large portion of fixed costs, the

overall plastic automotive part market but the Company has fixed cost for new model of painting segment preparation. Please be informed accordingly Sincerely yours (Mrs. Prim Chaiyawat) Company’s Secretary

raw material cost and fixed cost from new production line which haven’t operated at optimized capacity. Selling expenses on year 2018 increased 9.82 percent from year 2017, due to higher transportation

-020-1 FAX. 66-38 480-080 Million Baht , Thai Takaya Co., Ltd. 0.14 Million Baht and Sahachol Foods Supplies Co., Ltd. 0.53 Million Baht. 3. Impairment loss on fixed assets 15.00 Million Baht due to

by Baht 2.90 million or 9.87% from the same period of 2018. Such increase stemmed from an increase in staff costs and reclassification of fixed costs at the new factory incurred as a result of lower

the first time. The economics of scale has already improved and the synergetic effect between both companies will increase throughout 2019 particularly on the fixed cost side. EBITDA in Q1 2018 improved

ratio Time 1.85 1.47 3.26 3. Average debt collection time Day 51 53 62 4. Average debt repayment time Day 81 96 131 5. Average goods selling time Day 726 859 495 6. Fixed asset turnover ratio Time 0.67