February 2019, the management was assigned to study costs and expenses of Production department to reduce any expenses caused by equipment damage, investment in spareparts, maintenance fee and utilities as

percent from the same period of last year, caused by loan drawdown for 2nd production line investment project. As a result, cost of goods sold and expenses on nine-month and 3nd quarter of 2019 increased

started and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. And another reason is a one-time

caused from price variance during the year compared to previous year. 3. Selling and Administrative Expenses For the year 2019, the Company’s SG&A expenses was USD 143.53 million (or equivalent to Baht

% of net profit margin comparing with Q2 2016. Apart from the additional costs of SBT’s impairment, the increment of gross and net profit was mostly caused by the improvement of products’ spread margin

baht compared with results for the same period in 2016, profit ( loss) amounted to 4.332 billion. Earnings (loss ) decrease the amount of (17.962) million baht or (415.59) percent decline was caused by a

million baht increase of 20.59 Million Baht or 137.42% comparing to the same period last year, this is caused by followings: Revenues 1. Total sales of 192.34 Million Baht was 23.28 Million Baht or 13.77

had income from services total amount 452.42 million baht, decreased 8.82 %, mainly caused due to revenue from domestic transport by land. Transfer operations under the operation of the company since

. As a result of the increase in total revenues of the above mentioned group companies and the effect of better management caused the CompanyEs cost-to-income ratio decreased from 99% to 87% and made the

margin was 2.92%, decreased from the same period of last year at 6.31%, mainly caused by reduction in gross profit margin while selling and administrative expenses in proportional to sale increase, even