Department, extended the SEC congratulations to the Revenue Department on its 109th Anniversary. Mr. Somsak Anuntawat, Principal Advisor on Strategic Tax Administration (Energy Industry), gave a warm welcome
juristic offenders in eight cases and the total remittance of more than 50 million baht as public revenue. Mr. Somchai Pongpattanasin, SEC Assistant Secretary?General in charge of the Enforcement Division
addition, some shipments were not recognized as sales revenue in the second quarter in accordance with relevant incoterms, and partly due to consignment stock: consignment fill-up totaled Bt813 million
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
] [1Q18VS 1Q17] Sales Revenue 3,440.2 3,391.6 +1.4% 3,536.4 -2.7% [ Sales Revenue, USD $109.1 $103.6 +5.3% $101.3 +7.7% ] Cost of Sales 2,551.4 2,433.4 2,452.5 Gross margin, (%) 25.84% 28.25% 30.65% SG & A
] [2Q17 VS. 2Q16] Sales Revenue 3,663.5 3,536.4 + 3.6 % 3,578.6 + 2.4 % Cost of Sales 2,528.2 2,452.5 2,308.6 Gross margin, (percentage) 30.99% 30.65% 35.49% Selling & Administration 484.6 443.5 454.4 Net
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
$0.72 4,407,706 $0.74 3,914,885 (2.42) (78.54) $0.74 5,644,145 (2.44) (79.27) Total US$ (388.30) Total US$ (1,604.60) Table 3: Consignment Sales In 1Q 2019, revenue of consignment sales were realized for
million). In addition, the decrease in Sales was due to product mix (Table 5) and an adverse effect of unrealized consignment sales (Table 3, unrealized revenue amounted to Bt115 million in 2018). Cost of
price. Table 2: Raw material prices and purchased volume Table 3: Consignment A change in commercial terms to a Customer Manage Inventory (CMI)/ consignment basis caused revenue realization of