economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 2Q’18 and 1H18, administrative expenses increased at the similar rate

domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore

declined in inventories in the amount of 20.09 million baht or 16.82% of inventories as of December 31, 2017. Due to the fact that customers need was increasing during the first six months of this year

quarter 3 /2017 as the principal of investment declined bringing down the yield. Jan – Sep. 2018 For the first 9-month of 2018, sales increased to THB 620.53 million or 18% from THB 525.24 million in 9

benefit from economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 3Q’18 and 9M’18, administrative expenses increased 6% and

, bancassurance and mutual funds. Operating expenses fell by Baht 498 million or 3.7 percent from lower premises and equipment expenses, and impairment loss of loans and debt securities which declined by Baht 1,187

revenue from Availability Payment (AP) of Sriracha Power Plant declined from lower seasonal Weight factor. In addition, Sriracha Power Plant and IRPC-CP had maintenance shutdown in Q4/2018. Management

by 6.2% Q-o-Q but declined by 10.2% Y-o-Y. The Q-o-Q sales growth was due mainly to an increase in production. In addition, there was a backlog of orders at the end of the quarter, and some shipments

%. Selling expenses declined by THB 40. 75 million which were in line with the decrease in revenue and applying the new accounting standard as mentioned in the above paragraph. The administrative expenses

price competition and sale volume as well as Baht appreciation which leads to slow down in exporting thus revenue from sales of electricity and thermal energy declined due to shut down of machine for