differences in product mix and the gain from currencies appreciation as compared to same period of previous year. 3. Selling and Administrative Expenses For the second quarter of year 2017, the Company’s SG&A

sales volume has risen up continuously but the export income was directly affected to be reduced from Thai Baht appreciation rapidly and tremendously. However, the company has protected the risk of loss

2018, HPC recorded gain on exchange rate in the amount of Baht 481.61 million, due to the appreciation of USD currency. In contrast, during the year 2019, HPC had adopted accounting policies for

domestic market that has seen increased import of Tabletop Glassware due to strong Thai Baht. Thai Baht appreciation against all major currencies significantly affected export sales. Domestic sales portion

India and the appreciation of THB against USD together with the weaken of demand in electronics component market impact to the inventory revaluation. As a results of the above reasons, Q3’19 gross margin

business recorded its revenue of Baht 223.4 Million that 5.1% decreased from Q3/2018 or by Baht 12.1 Million which was driven mainly by Thai Baht appreciation as well as decreased in consumer purchasing

increased by Baht 3.3 million when compared with the same quarter of last year due to Baht appreciation, resulting to loss from exchange rate of export sales. Income Tax Expenses The Company and its

amount 9.8 MB or 3.0 percent with the gross profit margin of 34.6 percent (35.0 percent in the year 2018). The decrease of gross profit was the result of the appreciation of the BAHT against the Foreign

to the decrease in world wheat market prices and the appreciation of the baht in the previous year. Resulting in a reduction in the selling price of wheat flour. Other income in the first quarter of

46.7% to 47.7%. According to the Company has efficiently managed portion of sales for each product group. In addition, at the end of 2nd quarter and during 3rd quarter, the Baht appreciation which affect