of a reduction in occupancy of Laguna Phuket hotels. The occupancy was adversely impacted by renovations and constructions within and around some of the Laguna Phuket hotels, the strong Thai Baht, and
going forward. The Company’s financing cost decreased Baht 20.91 million, after the increase in share capital by Baht 467.10 million in March 2019 and reduction in borrowings. In this year, the Company
products and to enhance measures of waste reduction from the manufacturing process, expecting to help increase in net profit margin in the next quarter. へ 0 , ‐' 。 ‐ . u911霧 、冨腱 籠o口 もηo, o■ ■,(尉 釧■■■, 119Ч電
decreased year-on-year, attributable to improved efficiency as well as on-going cost reduction and cost control. Hence, gross profit margin improved from 7.0% of sales in Q1 2016 to 7.7% of sales in Q1 2017
improved with total revenue of 554 million baht. However, the result still declined 60 million baht or 10%, comparing to same quarter of last year. The reasons are as follows; o Reduction in sales of rice in
and loss on exchange rate offset by a reduction in allowance for doubtful debts. Share of loss from investment in associates decreased by Baht 46 million mainly relates to the profit from Thai Wah PLC
. - Cost of sales decreased from Baht 393.55 million in 2016 to Baht 324.85 million in 2017, or 17.46%, due to the decrease in labor force from the voluntary resignation program and the cost reduction
registered share capital. Upon the completion of the transaction, the Company’s shareholding has been diluted from 33.98% to 21.88%, so the Company recognized gain due to the reduction in ownership interest. 4
55.69% in the first quarter of 2021 due to some reduction of orders from clients and the Company’s process of changing its customer base while also preparing to accommodate new clients this year. Moreover
negotiating with the claimants for reduction of the claims amount, and the final result of this negotiation has not been reached. Financial Costs The Company’s financial costs in 2018 were THB 7.12 million