% and 14.4% compared to Q1/2017 and Q1/2016. Cost of goods sold in Q1/2018 was 80.7% of revenue, up from 77.2% in Q1/2017 and decreased from 86.6% in Q1/2016. This is due to the average price of raw

million, 7.5% down from the same quarter of last year mainly because of the significant appreciation of THB/USD cause material cost increase in term of THB which has resulted in higher cost of goods sold

ต ำบลท่ำจีน อ ำเภอเมืองสมุทรสำคร จังหวดัสมุทรสำคร 74000 111 Moo 2 Tambon Thachin,Amphur Muangsamutsakhon,Samutsakhon 74000,Thailand. - 3 - the decline in advance receipt of goods payment, i.e. deposit

, which was a Baht 286.05 million or 6.00 percent decreased from as of December 31, 2017. During the period, the costs of land development were transferred to the cost of goods sold and inventories

. Reasons were as follows; • Strategic focus in Thai White rice of domestic market and price adjustment, regarding to increasing in cost of goods. • Moreover, increase in sales volume from government contract

the goods Maintenance Monthly payment (7) Funding source : From the company’s working capital (8) General description of connected transaction Type of transaction : Supporting normal business

%) 592 543 (8%) Other income - 1 - (100%) n/a - 6 n/a Total revenue from selling electricity 363 1,364 380 (72%) 5% 4,420 3,790 (14%) Cost of sales of goods and rendering of services Cost of raw materials

recipient has received all the work completed from the service provider) Hardware Full payment when the company receives the goods Maintenance Monthly payment .../3 - 3 - (7) Funding source : From the

from distribution fee from outsourced service provider of warehouse management and goods distribution that the company started using since September 2018 which is a total cost of 10.84 million baht

from cost incurred from fully operational of Wattanapat Ao-Nang hospital (fully operational in March 2019), such as salary, overtime pay, doctor fee, cost of goods sold, depreciation infrastructures and