revenue from sales. In addition, the average price of corn increased from THB 8.11 per kilogram in 2Q2017 to THB 10.57 per kilogram in 2Q2018 or increased by 30.29%. Consequently, cost of sales for 2Q2018

million, dropped by THB 89. 36 million or 11. 24% down from 3Q2017 primarily from higher cost of sales mainly from the average price of corn increased from THB 8. 29 per kilogram in 3Q2017 to THB 8.96 per

2,383.46 million, dropped by THB 394.09 million or 14.19% down from 2017 primarily from higher corn price. Consequently, cost of sales for 2018 contributed of 85. 68% of total sales, raised from 83. 59% in

from lower price of major raw material which is corn dropped by 4.89%, overall, the cost of sales for 3Q2017 contributed of 81.92% of total sales, declined from 83.03% in 3Q2016. Cost of sales for 9M2017

decreased by THB 40.36 million or 0.28% down from 2016 mainly from lower cost of feed materials. The market price of corn and soybean meal reduced by 5.07% and 3.58%, respectively. Overall, the cost of sales

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