result Million Baht 2018 2017 Sales 2,020.38 1,915.39 Cost of Sales 1,935.80 1,723.37 Gross Margin 84.58 192.02 Gain (loss) on exchange rates 42.47 25.24 Other Incomes 9.30 15.30 Total Revenues 2,072.15

and 2017 Unit: Million Baht 2018 2017 Sales 7,769.77 7,695.85 Cost of Sales 7,314.06 6,837.23 Gross Margin 455.71 858.62 Gain on exchange rates 87.27 105.44 Gain (loss) on machineries (12.41) (0.08

debt in sustaining the net capital**. Moreover, the proposed amendment included a review of the risk haircut rates used in calculating the net capital adequacy in alignment with the current conditions

1Q17. The sales growth Y-o-Y was adversely impacted by 1) the THB's strengthening against the USD and EUR in the period, with the effect being about 2.7% on sales and 2) new selling prices that took

: 1) a change in foreign currency rates Table 1: Foreign currency exchange rates and sales in foreign currency 2) a higher cost of main raw materials Table 2: Raw material prices and purchased volume

million in 2016, attributed mainly to the substantial effect of changes in foreign currency exchange rates and an increase in core raw material prices that caused a decrease in profit margin. This resulted

the substantial effect of changes in foreign currency exchange rates and an increase in core raw material prices that caused a decrease in profit margin. In addition, the company realized a gain of

. Sales in 1Q18 represented new prices for delivery that took effect in January 2018 with an effective markdown of nearly 2%. Cost of Sales and Gross Profit The profit margin in 1Q18 dropped Q-o-Q and Y-o-Y

Financial Reporting 5. Transactions and Trends 6. Audit risks related to audit firms 1. Economic Environment Oil and gas prices : impacting not only oil and gas companies but also others with significant

international transmission of major international exchanges volatilities was illustrated by the global financial market risks proxied by risk indicator (VIX Index), commodity prices (oil and gold) and difference