materials used up from Q1/2017 and decreased from Q1/2016. As a result, gross margins narrowed by 3.5% in Q1/2018 compared to Q1/2017 and up 5.9% compared to Q1/2016. The average capacity utilization rate for
strategies including the launching of new products which were got positive feedback from the customers. Besides, the product segment management and the improvement of customer services were well implemented
improvement was mostly a result of lower prices of raw materials this year and improvement of production reliability. Financial Ratios Q3 2019 Q3 2018 Gross profit margin 28.6% 20.2% Net profit margin 22.0
significant rise to the world’s 3rd highest rank with 86 scores, from No. 15 with 75 scores in the preceding year. Such development was a result of the improvement in the Ease of Shareholder Suits Index
preparing financial statements. The study also reveals the importance of the role of the executives, directors, and audit committee members in reducing financial statements adjustments, where improvement
Management and Risk Factors 2.1 Credit Risk Management In the third quarter of 2017, the Thai economy enjoyed better-than-expected growth on upbeat exports in line with trade partners’ economic improvement, a
(IASB), and made financial contributions to facilitate the ongoing efforts of the Federation of Accounting Professions (FAP) in the improvement of the Thai accounting standards toward convergence with the
service. 3. Administrative expenses were Baht 286.57 million; decreased Baht 22.52 million or 7.29% from last year. This is result from improvement in administrative expense to align with current operation
expansion of subsidiaries, staff cost and expenses of hospital quality improvement. Please be informed accordingly. Sincerely yours, (Mr Pongpat Patanavanich) Managing Director
revenue ratio decreased by 4.42% (from 92.05% to 87.63%) because the improvement of production efficiency. 3. Profit from foreign exchange increased by 28.91 million baht (from the loss of 5.47 million baht