Margin Gross profit margin decreased from 37.91% in 2018 to 35.47% in 2019. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, along

profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation

lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2019, the Company’s SG&A

. The decrease of financial cost was mainly in related to support the Company’s and its subsidiaries’ operation as well as impact by the averaged lowered interest rate as compared to previous year. 5. Net

lowered, and the cancellation of the reclassification of fixed costs at the new factory had incurred as a result of lower-than-normal production capacity to administrative expenses. Consequently, the

/Litre, lowered by 5% YoY, a result from lubricant product’s rising cost compared to their stagnant price, combined with slight dips in retail marketing margin. Marketing margin decreased 1% QoQ, from

/2019, e.g., depreciation, employee expenses, and utilities expenses. Meanwhile, the Company’s adoption of TFRS 16 since 1 January 2020 lowered cost of rental and rendering of services in Q1/2020 by Baht

efficiency, thereby lowered expenses significantly. However, during the year Krungthai ZMICO recorded a share of loss and an impairment loss from its associates. Consequently, the net operating result for the

of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative

in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to