cost of import duties 6.27 Million Baht. The rent was reduced from the classification 6.17 Million Baht and Other administrative expenses decreased. 2. Reversal Allowance for doubtful accounts by 0.29
been reduced due to the proceed of investment in the Northern Multi-Products Fuel Pipeline project (NFPT). 1.2 Expenses 1.2.1 Cost of services In Q1/2018, Cost of services was of Bt378.2 million, an
have managed to drive productivity and delivered our services with better efficiency in the use of resources. Gross Profit As a combined result of improved revenue and reduced cost of services, we booked
construction of SAAM Solar Power Two, which amounted to THB 4.56 million and increase in unrealized loss on exchange rate from equipment deposit, which amounted to THB 1.40 million, while the Company had reduced
comparing to the same period amount THB 7.3 MB, equivalent to 17.2% of net profit. Because the company has reduced gross profit due to the company having a lower cost of steel coil, but the selling price
margin decreased by 3 percentage points to 7% in 2019 from 10% in 2018. SGA expenses decreased by 2% [THB 19m] due to reduced SGA expense at the Jiaxing plant. Payout Analysis For the year 2019 the company
penalties and surcharges) as described in section of the operating results above. Bank overdrafts & short-term loans and Trade & other payable reduced by Baht 206 million and 521 million, respectively
subsidiaries as of June 30, 2017 is of value 4,881.26 million Baht, 60.18 million Baht or 1.25 % increased from December 31, 2016. Due to the treasury stock on February 27, 2017,the company reduced the paid-in
contribution from engineering impacted the EBITDA to the upside. While there was an increase in short-term financing facilities overall financing costs have reduced as the long-term loan is repaid. Income tax
Profit was due to the overall operational business increase of the Company together with a more effective management of its borrowings that resulted in overall reduced interest costs. Operating Performance