lower sales in OEM-Personal care business. Q3’19 the Company’s gross margin improved to 34.6%, +280 bps YoY. This level of gross margin has been sustained since Q4’18 thanks to “Fit Fast Firm” project
% respectively, while international business grew at 7.3% at constant FX. Q4’19 Revenue from sales were at THB 6,621 million (+4.6% YoY). - Fit Fast Firm project (OSP’s cost saving program) successfully delivered
for an increased level of production and the Company’s aggressive growth from 2018 onwards; 3) cost from trial runs and start-up of a new production line for some products, driving higher yield loss and
during the 2nd quarter (the situation unravels in June) led to the decrease in production of Nopawong factory Once the company enter the appropriate production level (Optimum level) with the installation
boost up the remaining residences of MahaNakhon project for sale which are expected to transfer by Q1 2018. Nimit Langsuan Project: Currently, the tower core slip form casting has already passed level 5
investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future. Q3/2017 net profit rebounded remarkably by 27% QoQ
MahaNakhon project for sale which are expected to transfer by Q1 2018. Nimit Langsuan Project: Currently, the tower core slip form casting has already passed level 5. Level 2 of the floor slab is fully
contributed by the performance of “Fit Fast Firm” projects e.g. lower cullet costs, new formulation, lower sugar costs and light-weight bottle, however, somewhat offset by cost increase from natural gas. - The
robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain
from additional investment in machinery to improve production efficiency, reduce production cost, and prepare for increased level of production; 3) lower sales proportion in Branded domestic sales which