benefit expenses in accordance to the labour protection act (No.7) in second quarter of 2019, moreover; during lockdown the company implemented a cost saving scheme; where 6 months figure lower by 11

the gross profit margin was 7.26%. Due to the average cost of raw material was lower than the market price. 3. Selling expenses was Baht 36.79 million which increased Baht 3.58 Million or increased

despite of the drastically decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q2 2019, Selling and Administrative Expenses was 338 MTHB, increased by 59 MTHB or 21.1

sales which resulted in a lower gross profit for the second quarter ended June 30, 2019 than the same period of previous year of 21.21 million baht. The gross profit margin for the three-month period

follows; 1. The total revenue of the company decreased by 132.77 million baht or 2.37% YoY due to the decrease in motorcycle production which was lower than the expectation and lower than the production

. The total revenue of the company decreased by 132.77 million baht or 2.39% YoY due to the decrease in motorcycle production which was lower than the expectation and lower than the production amount in

revenues dashed by 3%. Total Expenses: In 2Q19, the expenses were significantly increase by 15% due to an adjustment of employee benefit expenses in accordance to the labour protection act (No.7) B.E. 2019

the same period of the previous year by 3.83 million Baht and 12.38 million Baht respectively, due to the lower sales caused by the depreciation of Thai Baht and intense competitive situation in foreign

by growth in automotive parts segments in Thailand and tooling sales from overseas customers. The car dealerships sales dropped by 3.1%, due to lower car sales of Thailand dealership and even though

, which was, the government issued the Labor Protection Act (No. 7 ) B.E. 2019, prescribing the rate of severance pay that increased from 300 days to 400 days Such change resulted in an increase of the