million or 44. 70%. The increase in cost of sales varies according to the increase in revenue from sales, but the ratio of increasing of cost of sales was lower than the ratio of increasing of revenue from

Baht 1,563 million, which decreased from the same period of previous year by Baht 441 million or 22% due to the cost of sales varies according to the decrease in revenue. (3) Gross profit The Company and

exports will continue to slow down as the global economy and the Thai baht exchange rate remains fluctuates and has a trend to appreciation. Domestic economic conditions are expected to be boosted by

the cost of sales varies according to the increase in revenue while the Company’s subsidiaries cost of sales was increased due to its production could not utilized full capacity. (3) Gross profit The

or 36.71% due to the cost of sales varies according to the decrease in revenue while the Company’s subsidiaries cost of sales was increased due to its production could not utilized full capacity. (3

Operation in the Future For the year 2020, the Company expects that exports will continue to slow down as the global economy and the Thai baht exchange rate remains fluctuates and continues to appreciation

oil cannot be stored separately. As a result, the production cost fluctuates according to the raw material price during the changing period.  For 1st quarter of 2022, Refined Glycerine’s ratio of cost

the Q4-2017, the projects were not yet due to deliver. As a result, revenue in Q1-2018 decreased. In terms of total operating expenses, it usually varies with the increase or decrease in revenue

gained more new projects. In terms of total operating expenses, it usually varies in line with the increase or decrease in revenue as the comparison between Q1- 2017 and Q4-2016, The change in total

accelerated spending in the first half of fiscal year. The situation is expected to benefit the company from economic recovery and private investment. In terms of total operating expenses, it usually varies