quarter, mainly supported by the improved product mix with an increased sales proportion of higher profit margin products.  Gross profit margin from sale of goods improved QoQ, mainly supported by the

in product mix of high-layer PCBs, which led to a higher unit selling price. However, sales in THB terms were negatively affected by the appreciation of the THB against both the USD and Euro, which

sales revenue stood at THB 877.83 million and THB 765.66 million, dropping 12.78% from declining revenue from overseas. This was a result of the delay in product delivery in China after the Company was

slight decline in calcium carbonate product group sales, especially in Q1. (2.2) Cost of Goods Sold and Gross Profit Margin (% of revenue excluding other income) In Q2/2017, the proportion of cost of goods

mainly due to increased demand in telecommunication product such as set-top-box and printer products compared to previous year. 2. Cost of sales For the first quarter ended 31 March 2019, the Company’s

from 26.01% in previous year to 26.83% due to change in product sales mix of both general merchandise and directly sourced private-label goods, product assortment planning and increasing in gross profit

factors that continued to occur since the previous year, such as the production of new high-technology products, an increase in the cost of goods sold resulting from a continuously high cost of raw

274.90 -0.10 549.51 529.72 3.74 Cost of goods sold 154.23 133.04 15.93 151.91 1.53 306.13 279.60 9.49 Selling expenses and administrative expenses 115.04 103.96 10.66 105.32 9.23 220.36 195.70 12.60

, 2020 with details as follow; unit: million baht Items Q1/2019 Q1/2020 Changes Amount % Amount % Amount % Revenue from sales of goods 113.01 100.00 75.19 100.00 (37.82) (33.47) Cost of sales of goods 89.4

) Performance Analysis Unit : MB For the year ended Change 2018 2017 MB % Net sales 1,057.38 1,054.67 2.71 0.26 Other income 47.74 46.50 1.24 2.67 Total revenues 1,105.12 1,101.17 3.95 0.36 Cost of goods sold