comparing to the same period of the previous year. Mainly due to the good gross margin gained from the metal products, especially the automotive exhaust pipes. In this quarter, the company put more controls
previous year have ended and the competition has intensified in the stainless pipe product. As a result, sales and gross margin declined in the current quarter. While administrative expenses have increased
achieve Asset Full Potential. Indorama Ventures 1st Quarter 2020 MD&A 2 We took quick and decisive actions to align our production volumes in sync with demand for most of our products (such as hygiene
by totaling Baht 10.2 million. In addition, cost of sales and service for Biomass Power Plants decreased by Baht 11.9 million or 2.7 percent, mainly due to the improvement of machine and production
May 2019. The Company still has fixed cost for the period of shutdown while doesn’t have sale revenue including cost per ton still high for production period which resulted from depreciation and the
the sales of products. Therefore, the Corporate Group has established policy on market expansion and domestic channel development to achieve the most efficiency, as well as production cost management
design and printing provider for media production, especially BTS Sky Train and Office media wrap. MACO expects to obtain GSG’s expertise in media production and installation to support the Group’s media
differences on translation 0.03 0.04 -5.98% (0.50) 0.18 -383.97% (92.37) (91.12) 1.36% (570.13) (160.91) 254.33% (91.10) (69.47) 31.13% (558.09) (130.49) 327.68% Gross Profit Margin -13.76% 6.02% -19.79% -32.90
good. While for the gross profit margin, the Company gain a better result with 20.71% in Q1/2018 to 20.89% in Q1/2019. 2.2. Distribution costs for the first quarter of 2019 was in the amount of 1.82