result of the decline in desert café sales in Q1/2020 corresponding COVID-19 situation while fixed selling and administrative expenses in Q1/2020 remained constant (The result of cost-saving initiatives
at key customers. These issues are resolved and with expected fixed asset investment due to the expected government stimulus and a new product, targeting steel customers, now ready this part of the
(0.17) (51.77) Interest received 0.09 0.18 (0.09) (50.50) 0.23 0.37 (0.14) (38.02) Space rental and services 0.36 0.53 (0.17) (32.31) 0.75 1.35 (0.60) (44.23) Others 0.16 0.30 (0.14) (47.79) 0.62 0.70
more fixed expenses. As the result, the change rate in total operating expenses is similar. In terms of the profit of the Company for Q1–2020, it has a lower change rate than the change rate in revenue
will materialize in the rest of the year. In general, fixed costs will reduce due to Covid-19 restrictions on travel and mitigation plans in place for fixed cost savings in all departments. Gross profit
optimism that fixed asset investment that has been on hold will pick up. Internally our new flux product targeted at the steel market is now gaining the traction that it gets globally and we are confident of
compared to same period of previous year as total other revenue of 49.96 Million Baht due to selling scrap of raw material, unrealized profit from investment and decline of interest 2 (2) Gross Profit
%, respectively. The higher ratio on a period-on-period basis was attributable to the Company has some fixed costs that unchanged irrespective of the revenue in the first quarter of 2017. Selling expenses The
Million, loss from branch closingand renovation of Baht 25.5 Million 2. Net cash flows used in investing activities of Baht 10.98 Million is mainly from cash payment for accounts payable-purchases of fixed