to the company's sales began to increase during the past December. 2. Cost of sales to revenue ratio increased by 5.01% (from 87.47% in 2021 to 92.48% in 2022) due to the raw materials price increased

combination of higher amount of raw materials using than standard setting (BOM Calculation) in Flexible Packaging production line, , especially the printing color, because the new order need a longer set up and

part of the purchase of plastic resin by bank payment (TR). Overall short-term loans has increased following the fact that the company has a rising sale trend, so it has to order more raw materials. 2.2

94.95% 90.46% 89.67% Selling Expenses 4.44 3.88 2.51 3.17% 2.62% 2.08% Admin Expenses 10.01 9.52 10.66 7.14% 6.43% 8.82% • Even though in Q1/2020 the cost of raw material is still low closing to Q4/2019

-term loans and Account payable in Q2, 2019 has increased compare to 2018 at 10.65 million baht or 16.65 % following the fact that the company has a rising sale trend, so it has to order more raw

. This type of products are regularly produces by the factory which will help in waste controls and effectively manage the raw materials. Please be informed accordingly, Sincerely yours, Sathon Samerpark

profitable to supply regularly because there is no risk of fluctuations in the price of raw materials. 3. Cost of Sea Freight Service - In 1st quarter of 2018, cost of service was THB 13.70 million, with ratio

2019 for crude glycerine used as raw material in production of refined glycerine. Besides, part of the loss was also caused by loss on impairment of investment in subsidiary (AIL) of 20.75 million Baht

/ 2021. The reason for the decrease in income because the main raw material, which is Sweet corn can be harvested late due to inclement weather making it unable to operate at full capacity and fully

sacks, printed sacks or gravure sacks as well, and is a product that is not very complicated. This type of products are regularly produces by the factory which will help in waste controls and effectively