management is more concise and cost control is based on estimates. 2. Allowance for doubtful accounts (transfer back) (2.27) with last year at (69.68) million baht which decrease 67.40 million baht or (96.73
due to the increased of machine repairing expense and legal & other consulting fees. In addition, the company has recognized doubtful account increased amount of 241.80million Baht from the same period
of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO
was exporting new time high because the global price is higher than domestic. In addition, the price of raw materials abroad is higher than in local. However, the Company aware of the price fluctuation
Company’s product selling price. Due to the undersupply of CPO in the market, the price has been continuously declined and more severe. The price fluctuation has begun since July 2016, where the price up to
impact from fluctuation of exchange rate . 2. Sales cost to revenue ratio increased by 1.36% (from 96.22% to 93.58%). 3. Gain from foreign exchange increased by 64.87 million baht (from loss 26.43 million
Baht fluctuation. Costs and Expenses of Sale and Administration Transaction For the Year ended 31st December (Unit: Million Baht) Year Increase (Decrease) 2018 2017 Amount % Costs from Sale 478.57 503.46
) (99,489) (9,060) (9.11) Cost of Service (42,149) - (42,149) 100.00 Gross Profit 70,749 52,065 18,684 35.89 Reversal of doubtful debt 4,640 3,170 1,470 46.37 Other Income 5,859 3,210 2,649 82.52 Profit
-purchase income Other income 1,867 2,920 148 559 1,738 3,076 249 593 -7% 5% 69% 6% Total Revenues 5,494 5,656 3% Operating and administrative expenses and others Bad debts and doubtful accounts Finance costs