2018 gross profit margin was mainly driven by the adoption of economies of scale and efficient control of production cost. 2. Selling expenses In year 2018, the Company incurred selling expenses of Baht
year 2019 increased from 4.02% to 5.30% as compared to the same period of last year. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption
in revenues from sales in this period. Gross profit margin in Q3/2018 was 63.46%, going up by 59.09% year-on-year. The growth in Q3/2018 gross profit margin was mainly driven by the adoption of
/pdf/IOSCOPD134.pdf 3 (a) the approval and registration of statutory auditors and audit firms; (b) the adoption of standards on professional ethics, internal quality control of audit firms and auditing
agreement were recorded as cost of sales and services or operating cost). For the Company and its subsidiaries, the adoption of TFRS 16 Leases mainly affects the Main Lease Agreement (80% of the OFC), entered
interest expenses from adoption of TFRS 16 – Leases, for the year 2020 the Company will have incremental expenses to be accounted for about 3.5% - 4.0% of total SG&A. Please be informed accordingly
assets and the adoption of TFRS 16 Net profit from operation was THB 51mn, an increase of 25.0% Cash flow for the quarter from operating activities remains positive at THB 65mn KEY BUSINESS AND
) • Impact of adoption in TFRS 16 on Consolidated financial statements At 1 January 2020 (in thousand Baht) Increase in right-of-use assets 1,049,021 Increase in deferred tax assets 8,596 Decrease in property
in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to
, -6.7%YoY, but increasing +3.3%QoQ from unrealized foreign exchange gain. Reported net profit ( post- TFRS 16) stood at Bt7,001mn, slightly decreased by bt234mn compared to PRE - TFRS 16 adoption. 5 2Q20