LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1/2018 2 2. ECONOMIC SITUATION Thai economy in Q1/2018 continually expanded, supported by every economic engine especially merchandise exports, which were
sale ratio is 75.05%, 78.02% and 84.48%, for year 2017, 2018, and 2019 respectively. The main reason is due to the increase in exports in the year 2019, measured by the number of exported containers
, slowdown in Thai exports from the weakening global economy has more possibilities which is a factor that dragged down the expansion of the Thai economy, Stability of political groups. As a result, investment
economic growth slowed down from the previous year, which is mainly due to the rapid slowdown in exports from the risks of global economic policies, including trade wars and Brexit. The Thai government
weak global demand, especially exports of Epichlorohydrin decreased caused by lockdown restrictions in several countries. Analysis of Cost and Expenses 1. In Q2 2020, Cost of sales was 2,898 MTHB
there is an increase in product exports. Measured by the increasing number of export containers, As a result increased costs and shipping costs and the baht appreciation rate compared to the same period
increase in product exports. As a result increases the cost and transportation costs. which is in accordance with the increased revenue Gross profit The company has gross profit of 264.00 million baht
2022 to be moved to a subsidiary company in Vietnam. As a result, production volumes and sales volumes were declined. In addition, the company has reduced exports to high-margin overseas customers to
70.82%, 77.04% and 75.18% for 2021, 2022 and 2023, respectively. The reason is that in 2023, the company has increase in product exports, resulting in costs and expenses for transporting goods to increase