increase in PET’s raw material cost, leading to higher production costs thus increase in selling price. And 2 since pricing in this industry is highly competitive, the company decided to reduce the segment’s
managed to reduce raw material costs due to cheaper sources of raw materials imported, but the cost of depreciation of new machines and cost of maintenance have increased. For the year of 2019, the cost of
food business has managed to control the new production process at every step of the way to reduce the cost of raw materials, packaging as well as the minimum loss of production which is in accordance
sale, and the inventory increase Baht 18.16 million , because reserve of raw material for new product and work in process increase by customer order. 1.2 Non current asset as at December 31, 2017 amount
unitary board is overseen by an internal auditor’s body, the principles applicable to the board are also, mutatis mutandis, applicable. As the definition of the term “key executive” may vary among
• Gross profit margin increases from the same period of last year from 41.2% to 46.9%. According to the Company has a planning and controlling for raw material purchase and has efficiently managed portion
/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
from interest of trust receipts from the purchase of raw materials. The Company therefore earned net profit in Q3/2019 and year 2018 amounting THB 2.4 MB and THB 1 1 .9 MB respectively. Net profit of the
has placed an emphasis on comprehensive risk management such as credit risk, market risk, liquidity risk, operational risk, cyber risk and strategic risk which are also covered and properly managed
%, because the price of natural rubber which is the main raw material for production increased. • Selling and administrative expenses decreased 2.03 million baht or 5.15 % due to higher operating efficiency