to order more raw materials and also increase in long-term loan from foreign countries which going to due in 1 year at 24.62 million baht ( those loan will be due in August 30, 2019). 2.2 Non-current

, the average price of raw materials increased. As a result, gross margins narrowed 4.0%. The average capacity utilization rate for Q2/2019 was 69.90%. Decreased 0.63% comparing to the same period of 2018

business, restaurants and etc. such products as pies, cookies and bakeries. The Company has a subsidiary, Aurum and Aurum Company Limited (together with the Company, the “Group”) which operates raw material

cost in Q1/2017 and Q1/2018 amounting THB 3.0 MB and THB 2.9 MB respectively. The company has increased a little of finance cost from liabilities under trust receipts for purchase of raw material. Net

same period of the previous year. This decrease stemmed from a decrease in raw material prices and reversal of losses on inventories devaluation. Gross Profit Margin Gross profit margin is equal to 37.45

2.8 MB respectively. The company has decreased a little of finance cost from liabilities under trust receipts for purchase of raw material. Net Profit The Company earned net profit in Q2/2017 and Q2

purchasing of raw material. Net Profit The Company earned net profit in Q3/2017 and Q3/2018 amounting to THB 38.4 MB and THB 11.9 MB respectively. Net profit of the company equal to 14.9% and 6.7% of total

19.43 million respectively, due to more delivery of raw milk to the customers compared to those of the same periods last year both in the three-month period and the nine-month period. The increases were

Company and subsidiaries established the cost efficiency projects to optimize the production cost, waste management and tighter control of purchasing raw material to in- line with reduction in sales and

DISCUSSION AND ANALYSIS FOR Q1-2020 • Inventories decreased from THB 238.24 million as at December 31, 2019 to THB 212.99 million as at Q1-2020 due to usage of raw material in stock and impairment of raw