quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
during first half of 2017. However, the increasing in domestic sales push up the total revenue becoming minor decreasing. Cost of goods sold of Q3/17 is increased by 5.86% comparing with Q2/17 and 7.82
is obliged to deliver the goods in the amount specified in the contract to the other party at a given time in the future, and the other party, in turn, is obliged to make payment for such goods at a
goods in the amount specified in the contract to the other party at a given time in the future, and the other party, in turn, is obliged to make payment for such goods at a price specified in the contract
consist of (1) raw materials and packaging for productions, and (2) purchase costs of 3rd party products for distribution. The variable cost components accounted for 85% of the total cost of goods sold: 1.1
raw materials. The two components combined make up to 67% of total cost of goods sold; and - Translation - Page 4 of 7 1.2 Purchasing cost of 3rd party products for distribution accounted for 18% of the
of the company as in Q2/2018. The company will continue and increase export volume in order to expand the export market since the products are now recognizable in the overseas level and maintain the
delay of Government spending of Infrastructure project. In addition, the influx of Galvanized products from China and Vietnam also affect to HRC market as well. To cope up with the aforesaid issue, we try