increased in sale quantity from the same period of last year even though selling price decrease by steel price trend. 2. Cost of goods sold and service was Baht 1,857.31 million, increased Baht 346.62 million

the same period of last year and a decrease of 5.28% over the last quarter . Such decrease was mainly due to dropping in metal price and low level of production and sales. 2. Cost of sales was 384.25

the same period of last year and a decrease of 30.49% over the last quarter . Such decrease was mainly due to dropping in metal price and low level of production and sales caused from the COVID-19 out

quarter of 2020 increased from 19% to 22% due to the proportion of revenue of a former large customer with a low gross margin tended to continually decline. Q1’ 2020 Q1’ 2019 Increase (decrease) Million

the revenues from low- maintenance batteries to tend to decrease. Although the revenues from maintenance-free batteries increased, they were still not sufficient to compensate the decrease in the

atmosphere to be sluggish. Cost of goods sold was 146.00 million baht. It decreased 11.76 million baht or equivalent to 7.45% compared to the same period last year, which was the result form sales decrease

rental and service was Baht 135.80 million, a decrease of Baht 24.41 million or down by 15.24% as a result of lower utility costs, depreciation expense, maintenance cost, and outsourced labor cost of space

51.57 %, respectively. The decrease of gross margin was in line with the decrease of income. Cost of Sales There was no any cost of sales in this quarter whereas in the same quarter of 2017, the cost of

cost decrease rate was lower than 7% revenue decrease rate. Therefore, the gross margin decreased from 30.4% to 29.6% of revenue. A decrease of gross margin was due to higher depreciation from more

346.28 million, a decrease of Baht 5.11 million or down by 1.45% due to the lower operating cost of Market Village business. 4. Selling and administrative expenses (SG&A) amounted to Baht 3,004.88 million