plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
wever, the company’s SPP plants which is Rayong Central Utility Plants (CUP) gross profit has decreased by Baht 214 million due to the growth of cost of natural gas by 5% resulting in the higher
YoY, and net profit of THB 2,902 mn, a 2.8% increase YoY. The result demonstrates CPN’s resiliency in achieving both revenue and operating profit growth despite an increase in financing cost following
issuance of new debentures. Meanwhile, interest expense on deposits increased by 7.5% from the increased in deposit amount by 20.9% yoy consistent with the growth in overall loan portfolio. The cost of fund
had higher capacity utilization rate and had better cost management. In addition, the product development expense has considerably decreased since many new products already started commercial sales
from reversal of inventory reserve for year 2016 from the selling inventory which already recorded inventory reserve, personnel expense to support business expansion, expense related to SET compliance
development expense and expected credit losses according to IFRS. However, when compare administrative expenses with sale will be found that decreasing from 19.17% to 11.88%, which indicates that the Company
+ 𝛾8𝑆𝐴𝐿𝐸𝑆𝑖𝑡 + 𝛾9𝑆𝐴𝐿𝐸𝑆𝑉𝐴𝑅𝑖𝑡 + 𝜀𝑖𝑡 (6) where 𝑅𝐷𝑖𝑡 is research and development expense scaled by a lagged market value of equity. 𝐶𝐴𝑃𝐸𝑋𝑖𝑡 is capital expenditure scaled by lagged market
had successfully recorded a sales growth of Baht 27.4 million, or 4.1% year-over-year. Please find the details of sales growth by business units as following: - Processing food from meat business