effective in 2019. 2.2 The decrease gross profit margin in the remaining portion resulted from the Indirect costs, most of which are fixed costs, were not decreased in the same direction of Sales. Gross
Million Baht, finance lease receivables decreased 3.85 Million Baht, investment in associated companies decreased 51.52 Million Baht, fixed assets decreased 70.11 Million Baht (buy additional assets 33.45
mainly from investing in Rayong’s fixed assets. 3. Cash flow from financing activities The Company had a cash inflow used in financing activities of Baht 9.41 million as a result of cash drew down from
the Philippines, as well as the Company. Both factories have high proportion of fixed cost so they have a great impact on the net profit for the whole group. However, since the company in the
. Selling and Administrative expenses increased Baht 30.47 million or 13.65% from the corresponding period of the previous year, resulting from the reserve for fixed assets impairment of subsidiary companies
%, 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
10.99 Million is mainly from cash payment for accounts payable-purchases of fixed assets of Baht 8.82 Million. 3. Net cash flows provided by financing activities of Baht 10.64Million which is mainly from
pending for customer delivery. The group companies normally write‐off out‐of‐date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter