decreased by 57.9% from obsolete and long aged finished goods Six-Month Period • Total cost of goods sold decreased by 12.6% along with declining in sales value • Selling expenses decreased by 14.5% due to
% ⚫ According to business adjustment and cost control, gross margin of the Restaurant and Food Centre business are released from impact of declining in sales revenue. 4 / 4 3. Financial status analysis Unit
shares 3. THB 113 mil. increase in net profit for the period Company reported net cash provided from operating for the 1st quarter 2018, of THB 31 mil., THB 39 mil. declining when compared to the same
1.7%. Beverage business The beverage sales for the fiscal year 2018 was Baht 5,986 million, decreased by 15.1% or Baht 1,068 million from the fiscal year 2017, mainly from declining in green tea markets
purchasing power that are declining, in turns the company had to launched many promotions to drive sales resulting in the decrease of average selling price. 3. Selling expenses Selling expenses in 1H19
% Management Discussion and Analysis of quarter 1 /2020 3 | p a g e Total Assets As of 30 June, 2020 the Company had total assets of Baht 7,356 million, declining from 31 March, 2020 by Baht 25 million or -0.3
with revenue from sales and services of THB 937.9 million, declining THB 308.4 million or 24.7% from the same year of the previous year. Furthermore, gross profit margin declined from 22.1% in the
palm oil price continuously declining, the business recorded an Inventory Loss of THB 80 million. Further, the Selling, General and Administrative expense increased from the same period of the previous
(IK/DB) tumbled by 19%, with average Gasoil to Dubai crack spread (GO/DB) also decreasing by 14% from the previous year. In addition, Bangchak refinery in this quarter went through maintenance of its
respect to downward pressure from demand for Fuel Oil in the electricity production sector in Asia decreasing in Japan and Pakistan, and refineries operating at high utilization rate leading to more