the higher production scale and continuous improvement of the production process during the year. The higher margin was also by the lower sales to wholesale channel with lower margins. For the year
economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 2Q’18 and 1H18, administrative expenses increased at the similar rate
benefit from economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 3Q’18 and 9M’18, administrative expenses increased 6% and
Baht 987.27 million, an increase of Baht 56.39 million or 6.06%, which was a decrease of revenue from printing business at Baht 17.04 million or 3.83% and an increase of revenue from power plant at Baht
revenue from power plant at Baht 73.43 million, or 15.11%. The increase of revenue from power plant comes from the 10 MW Kurihara Phase 1 Power Plant on October 1, 2018 at Baht 26.26 million and the revenue
operational systems to scale up franchise operations, while the franchise opportunities are expected to be ready by end of May 2020. Q1/2020 Management Highlights Cost-saving initiatives have been carried out
of Baht 241.92 million, a decrease of Baht 7.19 million or 2.88%, which was a decrease of revenue from printing business at Baht 24.01 million or 16.58% and an increase of revenue from power plant at
budget for 28 consecutive projects over the last 7 years. PPAs signing for two large scale Vietnam solar projects with total capacity of 677 MW. In September 5, 2018, Dau Tieng Ninh Energy Joint Stock
economy of scale which will improve profitability of the company in the future. Overview of World Steel Industry According to the World Steel Association’s report on world crude steel production was 428.2
plant infrastructure funds to use the capital market to raise funds as the industry is important to national development. The move will bring the regulations into alignment with the government’s