differences in product mix and the gain from currencies appreciation as compared to same period of previous year. 3. Selling and Administrative Expenses For the second quarter of year 2017, the Company’s SG&A
year 2019 increased from 4.02% to 5.30% as compared to the same period of last year. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption
in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to
Biodiesel blend in Diesel Mandate not lower than 5% and not higher than 7% by volume on November 10, 2016, while in 1st quarter of 2016 was not lower than 6.50% and not higher than 7% by volume on August 3
result from lose purchased order from previous customer and the Biodiesel blend in Diesel Mandate has been at 5% or B5 since November 10, 2016 till the beginning of May 2017, where the Ministry of Energy
base by capturing the younger generation. The Company continues to focus on optimizing the profitability of each product segment, such as increasing sales mix of direct sourcing, product assortment
period of last year. The increase was mainly driven by positive same store sales growth (SSSG). In addition, the gross profit margin grew consistently, due to more efficient management of the product mix
20.7% increased Q-o-Q from 18.9% but decreased Y-o-Y. In principle, the cost of production is influenced by factors such as the capacity utilization rate, product mix, a change in LME copper price and
management as well as sale mix management in each product category efficiently. This led to increasing in net profit for the year from Baht 184.72 million to Baht 191.19 million in 2018 or changed by 3.5