climbed up to 20 cent/lb then dropped sharply to 14 cent/lb during last quarter of the year due to funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company
funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company recorded average export price increase from 16,557 THB/ton to 14,792 THB/ton or decreased by 11
cent/lb at the beginning of 2018 due to global sugar supply is surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global
building and the capitalization of our software as we introduced more features. Cash surplus increased by 23.20 mb or 26.3% due to cash flow generated from operation and good working capital management. (b
, interest income from convertible bonds, as well as return from investing surplus cash in money market products. Cost of Services Our cost of service increased by 43.87mb or 16.4% to 332.39mb (2018: 285.52mb
surplus cash in money market products. Cost of Services Our cost of service increased by 20.30mb or 27.7% to 93.71mb (Q1 2019: 73.41mb) . The growth in cost of services was in line with the 35.2% growth in
12.26mb ( Q3 2018: 5.66mb) as a result of realized gains on investments, interest income from convertible bonds, as well as return from investing surplus cash in money market products. Cost of Services Our
satisfaction of its performance obligations and the typical timing of payment Significant changes in the contract asset balances during the reporting period, including qualitative and quantitative information
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year but the Company
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the