preparing financial statements.  The study also reveals the importance of the role of the executives, directors, and audit committee members in reducing financial statements adjustments, where improvement

18 Revenue from sale of goods 2,672.4 2,623.2 49.1 1.9% Cost of Good sold 1,915.5 1,866.6 48.9 2.6% Selling and administrative expense 535.7 518.1 17.6 3.4% Finance costs -1.8 24.3 -26.1 -107.4% Share

all business sales promotion and sale marketing both domestic and international. 4. Share of profit from investment in associates decrease by 20.04 million Baht or 31.75 %, from Factory improvement

2020, the operating results of the consolidated financial statement had a net profit of Baht 41.12 million or 0.04 Baht per share, compare to the same period of the previous year, net profit is Baht

35.06% Gross Profit Margin (%) 12.08% 10.15% 1.93% SG&A expenses 390 389 1 0.15% EBIT before share of profit (loss) from investment in associates and joint venture 438 398 40 10.04% Share of profit (loss

year 2018 are Baht 127.9 million, an increase of Baht 68.5 million or 115%, mainly resulted from impairment loss from leasehold right of land and building improvement due following to the termination

% of net profit margin comparing with Q2 2016. Apart from the additional costs of SBT’s impairment, the increment of gross and net profit was mostly caused by the improvement of products’ spread margin

MTHB or 4.8% of net profit margin comparing with Q3 2016. Apart from the additional costs of SBT’s liquidation, the increment of gross and net profit was mostly caused by the improvement of products

partially offset by higher sales volume of all main products as a result of stable operation. The share of domestic and export sales has no significant change comparing with the previous year. * Note Please

respectively. The THB 48.3 million increase from work in progress at the end of year and were waiting for issuance of invoices Other current assets Leasehold improvement and equipment Liabilities Bank overdrafts