economics’ slowdown is expected to continue in 2Q19 since the negative impacts remain unsolved. The global economic is expected to be pressured from an uncertainty of the USA-China Trade War. New government
allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost
compensation for branded products; 6) higher selling expenses from multiple new products launch; 7) higher R&D expense; 8) higher audit fees and consultant fees from new businesses establishment; and 9) higher
3,335 -10.92% Average FX - THB/EUR 35.51 34.10 -3.97% - THB/USD 31.41 31.07 -1.08% 1Q19 1Q20 %YoY Revenue from sale of goods 302.22 272.46 -9.85% Cost of sale of goods (180.81) (180.53) -0.15% Gross
from sales of goods 63.07 100.00 61.38 100.00 (1.69) (2.68) Cost of sales of goods 45.52 72.17 46.37 75.55 0.85 1.87 Gross profit 17.55 27.83 15.01 24.45 (2.54) (14.47) Other income 1.56 2.47 1.99 3.24
from sales of goods and rendering of services in Q2/2019 was recorded at Baht 548 million, lower 20 % Y-O-Y or Baht 136 million, largely driven by the revenue recognition delay totaling amount approx
against the USD and EUR in the period. The increase in revenue was primarily due to volume growth of 6.6% Q-o-Q and 3% Y-o-Y that was supported by an increase in capacity from the Phase 3 at the new plant
from foreign exchange by hedging to every payment from overseas, only recognized the income into the account. Cost of Goods Sold The company had the cost of goods sold as 193.84 million baht, decreased
goods sold increased 62.58% due to the cost of freesheet newspaper “Rabbit Today” editor cost and also new media cost which was operated by the subsidiary company since June 2018. Selling and
revenue from sales of goods and rendering of services for full year 2018 was recorded at Baht 2,923 million, higher 14% Y-O-Y. The revenue increased in most channels as follows: - Project sales up 17% Y-O-Y