fallen by THB 34.73 million, which has led 2nd quarter company’s net profit to fall to THB 0.69 million, a decrease of THB 16.05 million (96.2%). The main factors causing a sharp fall in underwriting
while expenses had grown, as a result; a huge drop in 6 months period by 137%. Profit (Loss) before tax: A sharp drop of 174% in 2Q19 comparing to 2Q18, while 6 months recorded a 91% less than the same
period of the year before, while 6 months revenues dropped by 5% from first half of 2019. The automotive industry has been affected heavily by corona virus pandemic as a result, revenue from manufacturing
had delivery schedule during June and July last year. This result of contract revenue is lower than last year. The improvement of business performance is a consequence of the changes in strategic
motorcycle coatings while half year revenues was similar to the year before. Total Expenses: In 2Q18, the expenses were lower by 7% as a result cost controlling and in line with lower revenues generated, where
despite a sharp increase in LME zinc price. The USD zinc price increased by 23% from 2,781USD/ton in Q1 2017 to 3,422USD/ton in Q1 2018. Thai Baht appreciated against the US dollar by 10% from 35.29 THB/USD
partially offset by higher sales volume of all main products as a result of stable operation. Analysis of Cost and Expenses 1. In Q3 2019, Cost of sales was 3,445 MTHB, decreased by 715 MTHB comparing to 2018
2018, Cost of sales was 4,160 MTHB, increased by 231 MTHB comparing to 2017 or 5.9% as a result of greater Ethylene and Glycerin price from higher crude oil price and their limited supply. 2. In Q3 2018
price in the quarter, inventory gain was recorded at THB 241 million ( Inventory Gain Q3/2017: THB 450 million, Q2/ 2018: THB 856 million) . However, Net marketing margin was effected by the sharp rise in
regulation or “LTV” since 2019. Moreover, the household debt has been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions. As well