Prachinburi plant and utilizing the plant to produce the products, the production cost has been lowered and gross margin has been higher than those in 2016. The Company started production in Prachinburi plant

plant to produce the products, the production cost has been lowered and gross margin has been higher than those in 2016. The Company started production in Prachinburi plant in January 2017. Please be

profit margin decreased from 39.18% in 3Q18 to 36.25% in 3Q19. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, and consequently the

Business was in the low season; the monsoon season, resulting in lowered sales volume and marketing margin. However there were market share gains for the service station channel and the company was able to

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