period ended June increase of 14% are mainly from increase in sales, COGs and stock control, and wel-managed in administrative expenses. • Administrative expense for 3-month period ended June reduced
depreciation expense of unproductive machinery from COGS to administrative expense. In addition, the Group set aside an impairment provisions in the amount of Bt56.5 million for unproductive machines under the
the overall headcount, savings in logistics costs and certain reclassification in SG&A versus COGS compared with last year, have all helped to reduce SG&A costs by 6% compared to the same quarter last
transaction. If this impact is removed lower SG&A costs compared to Q1 2017 is a result of reduced headcount across all levels including management. However, on the COGS side apart from normal inflation fuel
revenue dropping by 1% as some of the synergies of integrating Saraburi Quicklime start to take effect. Looking at H1 2018 vs H1 2017 SG&A as a percentage of revenue remained constant. On the COGS side
revenue is 1% lower. On the COGS side apart from normal inflation fuel prices have significantly increased. We have optimized the fuel mix however to mitigate the impact, but this increase will last into
5,140,274 3,576,089 COGS (2,524,496) (1,756,292) (4,168,489) (2,900,018) (4,376,914) (3,045,019) (4,913,853) (3,418,567) (4,825,547) (3,357,133) (4,913,853) (3,418,567) Gross Margin 120,904 84,113 196,421
. Depreciation and amortization) 7,611 7,863 7,617 0.1% (3.1%) SG&A 328 635 447 36.3% (29.6%) Depreciation – COGS 947 1,285 1,294 36.6% 0.7% Depreciation – SG&A 21 24 29 38.1% 20.8% Total expenses 8,907 9,807
% Depreciation – COGS 2,020 2,651 31.2% 1,073 1,294 1,357 26.5% 4.9% Depreciation – SG&A 44 66 50.0% 23 29 37 60.9% 27.6% Total expenses 18,219 18,905 3.8% 9,312 9,387 9,519 2.2% 1.4% B.GRIMM POWER PUBLIC COMPANY
(41.6%) (47.4%) Cost of sales and services (exc. Depreciation and amortization) 19,068 23,520 23.3% 7,040 7,824 8,086 14.9% 3.3% SG&A 867 1,140 31.5% 314 392 419 33.4% 6.9% Depreciation – COGS 2,284 3,284