of 2018. The main reasons were:  Revenues from circulation increased 7.34% with circulation revenues of comic books and children books increasing 0.92%. In addition, pocket books and consignment

circulation revenues of comic books and children books increasing 0.37%. In addition, pocket books and consignment products increased 10.35%. • Revenues from rendering of services decreased 68.82% due to less

, resulted in the cost of goods sold decreasing by 1.4% in 2Q19. Table 3: Consignment Sales In 2Q 2019, revenue of consignment sales were realized for less than the stock filling. (Amount: in Baht Million) 2Q

effect in 2017 that represented a reduction of about 2% on average and a fire incident on June 18 that caused a backlog of order valued more than USD 2 million by the quarter end. However, consignment

that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due

11% Y-o-Y (Table 4), due partly to the WLTP issue, which resulted in lower orders from automotive suppliers, as most suppliers shifted their priority to stock management. In 1Q19, consignment stock

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

unrealized consignment sales (Table 3, unrealized revenue amounted to USD3 million, or Bt109 million in 2Q18). Cost of Sales and Gross Profit The profit margin in 2Q18 widened Q-o-Q to 27.84% but narrowed Y-o

due to the effect of an annual selling price adjustment, a change in foreign currency exchange rate and an increase in the cost of goods sold resulting from a continuously high cost of raw materials

, which resulted in the gross profit margin decreasing to 30% from 35% the previous year. The higher cost of goods was directly due to the impact of an increase in global raw material prices, mainly copper