% from Q3/2020 and 24% from 9M/2020 due to a decrease in revenue while the Company still recognized a stable fixed cost. • EBITDA margin in Q3/2021 was 20.7%, decreased from 32.7% in Q3/2020 and in 9M/2021
increased revenue but the increased rate of those were less than the increased of revenue, since the increased revenue can cover some fixed cost, which can be compensated with low gross profit in 2019
quarter. Krungthai Zmico also had fee and service income and share of profit from associated company increased from the second quarter last year and also towered fixed expenses and financial cost. The
all branches of ELEGA showroom that could not generate the income and profit as aimed in order to decrease the fixed cost and the administrative expenses since the 2nd quarter of 2019. However, the
will materialize in the rest of the year. In general, fixed costs will reduce due to Covid-19 restrictions on travel and mitigation plans in place for fixed cost savings in all departments. Gross profit
capacity to be in line with a slowdown in inventory turnover from sales revenue setbacks. This reduction in production capacity is expected to affect fixed cost allocation and marginally increase production
estimation of cost causing loss in such project due to various factors i.e. change of materials suppliers causing higher cost, extension of contract causing higher fixed cost as well as its underestimate cost
22.68% of the same period of previous year). The profit margin increased from the same period of previous year mainly because the significant growth in revenue. Due to large portion of fixed costs, the
production capacity to be in line with a slowdown in inventory turnover from sales revenue setbacks. This reduction in production capacity is expected to affect fixed cost allocation and marginally increase
costs as our fuel expenses have increased in recent months in line with the general trends on the solid fuel market. The operational efficiency improvement projects will along with fixed cost discipline