+46.58% YoY. The gross profit margin in 2021 was 27.20%, decreased from 28.59% in 2020 due to the revenue sharing costs to marketing partners via online channel which on average had higher revenue sharing

the increase in user spending was due to the increase in marketing and promotional activities of mobile operators In addition, the Company had gross profit from digital content of THB 14.85 million

23. 82% to 18. 07% due to the telecommunication engineering service, which has the highest gross profit margin approximately 20-30 percent. However, the group has revenue from construction engineering

from the same period of last year due to loss on forward contract caused by foreign exchange volatility during the Covid-19 pandemic. 1.2 Cost of goods sold and expenses Consolidated financial statements

year 2018 increased 14.15 percent from 1st quarter on year 2017. Revenue from sales increased 12.28 percent due to higher sale volume and higher sale volume in CNF incoterm, however most of revenue is

from a year earlier, which can be summarized as follows: 1. Gross Profit including Other Income was up 23% Y-O-Y or Baht 41.0 million due primarily to higher sales and Gross Profit Margin from 31.2% in

from last year. Revenue from sales decreased 1.66 percent due to the effect of Thai Baht appreciation and sale price declining, even though sale volume and proportion of sale in CNF incoterm increased

of last year. Revenue from sales of first half on 2018 decreased 0.25 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF incoterm increased from first half on

2016, mainly due to higher selling price of all products, especially on PVC and Caustic Soda according to higher production cost of Chinese PVC suppliers and limited PVC and Caustic Soda export volume

accounts, the overall sales volume slightly decreased compared to Q1’ 18 due to the scheduled maintenance. Analysis of Cost and Expenses In Q1 2019, Cost of sales was 3,700 MTHB, decreased by 500 MTHB