increase in raw material cost, salary and benefits of the employees, electricity, gas expenses and repair and maintenance expenses. Cost of services was Baht 392.61 million, which increased from the same

Baht 661.57 million, which increased from the same period of previous year by Baht 45.80 million or 7.44 percent, due to the increase in product sales volume of 5.94 percent and - 3 - increase in raw

the same period of previous year by Baht 26.49 million or 0.98 percent, due to the decrease in raw material cost and depreciation of 4.15 percent in spite of increase in product sales volume of 3.33

increase in product sales volume of 6.36 percent and increase in raw material cost, salary and benefits of the employees and gas expenses but there were decrease in repair maintenance expenses. Cost of

receivables of THB 43.28 million, due to the increase in prepayment for raw materials and machineries. Increase in financial assets of THB 506.09 million from investment in fixed deposit at financial

sales volume of 3.55 percent and decrease in raw material cost, gas expense and repairs and maintenance expense but there were increases in salary and benefits of the employees. Cost of services was Baht

% over the same period as last year. The increase in the overall gross profit margin was mainly driven by the Baht 73.39 million reversal of provision for obsolete and slow- moving inventory which was a

74.85 million or 9.08 percent, due to the decrease in product sales volume of 4.58 percent and decrease in raw material cost, salary and benefits of the employees, repairs and maintenance expense and gas

expenses in order to accommodate the Company’s expansion and the Company has set aside loss on devaluation of obsolete inventories so on. Net Profit and Net Profit Margin For 3-month period ended March 31

obsolete and slow-moving inventory in first quarter of 2019, the increase in house brand revenue contribution in conjunction with the company’s strategy, the increase in the gross profit margin of house