17.60 1.88% 28.28 5.26% -10.68 -37.78% Total Income 936.78 100.00% 537.52 100.00% 399.26 74.28% Expense Cost of sales 746.55 79.69% 326.94 60.82% 419.61 128.34% Selling expenses 51.52 5.50% 57.61 10.72
expenses, and other selling expenses such as marketing and promotional expenses, and depreciation of asset in each branch. In Quarter 1/ 2019 and Quarter 1/2018, the Company incurred selling expense totaling
& medical supplies and improve in work- force efficiency as well as the benefit from economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative
profit 1.05%, mainly caused by the Company recognized employee benefit from changing post-employment plan in expense of Baht 11.47 million during the period (net of tax). In addition, in Quarter 2 the
provision for retirement benefit amounted Baht 22 million. This was due to the changes in the Labor Protection Act and this was one-time expense in the Income Statement, but no impact to Cash Flow due to its
revenues from operations by business segment. Page 3 of 4 IV Expense First quarter (Unit: Million Baht) 2018 2017 Change Change (%) Selling expenses 189 228 (39) (17) Administrative expenses 370 435 (65) (15
reduce some of the rental expense. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by Baht 47.77 million, which most of it
equivalent 20%. As The company expand international market. and exhibition product. 1.4 In Q3-2017, The Administrative expense increase amount 26 Million Baht equivalent 25% from previous year because the
year that gross profit margin was 15.79%. This is due to last year the Company’s benefit from steel price rise from lowest price in year 2015. 4. Administrative expenses were Baht 289.07 million