% which was in line with the improved financial cost management of the Company. - Income tax for Q1/2019 was in the amount of Baht 59.0 million which increased from Q1/2018 by Baht 5.8 million or 10.9
year of 2019 and more efficient cost management that caused selling and administrative expense to decrease by 1.5% from the year of 2018. For the branches expansion in the year of 2019, the company
had higher capacity utilization rate and had better cost management. In addition, the product development expense has considerably decreased since many new products already started commercial sales
production management. - Seafood business recorded its GPM of Baht 67.5 million, 22.3% increased from Q1/2017 or by Baht 12.3 million mainly due to effectiveness in raw material and production cost management
material and production cost management. - QSR business recorded its GPM of Baht 77.0 million of which 11.3% decreased from Year 2017 or in Baht 9.8 million due to closing unperformed branches. - Swine farm
raw material and production cost management. - QSR business recorded its GPM of Baht 20.2 million of which 15.0% decreased from Q2/2017 or in Baht 3.6 million due to closing unperformed branches
gross profit for the year 2019, an increase of Baht 18.60 million compared to the previous year from increased revenue and cost management by carefully set up own operational and maintenance for machines
accomplishment of cost management policy, 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 • Gross margin: UWC has recorded gross margin since Q1-2020 due to accomplishment of cost management policy
%, accounted for 2.16% increase, compared with 64.09% last year. The increase in gross profit margin was mostly because the Group had better cost management especially the reduction in the price of raw material
previous year which was 2.26% resulted from the efficiency of construction cost management and well administrative expense controlling. Moreover, net profit margin has increased as revenue of construction