accordance with the Public Limited Act B.E. 2535 (1992), as amended. This Amalgamation is considered as business combination under common control, and to illustrate the impact of the amalgamation, the Company
a result of the relaxation of COVID-19 control measures. In addition, the Company achieved higher sales of raw material to Mikka Café franchise. R E V E N U E : • The Company’s gross profit in Q1/2022
million or 2% from Q1/2020 • However, EBITDA margin in Q1/2021 was 31.5%, increased by 5.1% from Q1/2020 as a result of the effective control of selling and administrative expenses under the implementation
production line of flexible packaging and the machine setup process is not complete and new employee lack of expert skill and the use of raw material is inefficient, cause a high production cost. 3. Selling
million or decrease 22.57%, this is due to the company set measures to control appropriate spending. 4. Administrative expenses In Q2/2017, the administration expenses was Baht 12.88 million compare with
steel domestic consumption economics Other income 4.1 0.6 -85.4% Less defect on production due to effective control and successful training program. Consequently, the other revenue for the scrap and under
export market (Government to Government) and domestic market and also selling price adjustment to trade, regarding to raw material cost increase. • Total expenses increase 61% are mainly reflected by
increased 31% are results of volume impact in domestic market and also selling price adjustment to trade, regarding to raw material cost increase. ⚫ Total expenses increase 30% are mainly reflected by
increased 31% are results of volume impact in domestic market and also selling price adjustment to trade, regarding to raw material cost increase. ⚫ Total expenses increase 30% are mainly reflected by
profit was slightly down from 31.7% to 31.5%. Total expenses were Baht 478.3 million, decreased by 4.8% due to cost control initiatives. As a result, the company reported net profit of Baht 27.2 million