the previous year due to decreased raw material prices and rapid Thai Bath appreciation. 2. Sales cost to revenue ratio decreased by 1.66% (from 95.81% to 94.15%) because the cost of raw materials has
resulting from Thai Baht appreciation against 3 main currencies (USD, EUR, and AUD) even though having higher export volume compared to the previous year. Cost of sales, Selling and Administrative Expenses
materials Copper, Copper Foil, Laminate and Fiberglass, as well as the appreciation of the THB. Despite the increase in raw material prices and the THB’s strengthening, an increase in capacity and efficiency
there is an increase in product exports. Measured by the increasing number of export containers, As a result increased costs and shipping costs and the baht appreciation rate compared to the same period
increase of Baht 53.41 million or 49.96 percent, respectively. This was mainly due to the recognition of Universal Worldwide Transportation Limited's revenues for this quarter. And some of the revenue from
had adverse impact resulting from THB appreciation against USD and PHP. Without such FX impact, revenue from overseas owned hotel should have been increased 13.0%. Revenue increase were contributed from
results for the 3-month period ending 31 March 2020 and 2019 (Unit: Thousand Baht) Consolidated Financial Statements Increase (Decrease) Separate Financial Statements Increase (Decrease) 2020 2019 Thousand
the Company recognized lower sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, Selling and
31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78