-o-Y due to the effect of the annual selling price adjustment, a change in foreign currency rates and an increase in the cost of goods sold resulting from a higher cost of raw materials Copper, Copper

resulting from a higher cost of raw materials Copper, Copper Foil, Laminate and Fiberglass. However, an increase in capacity and efficiency gained from the latest investment that supported sales volume growth

pressured the profit margin. The price of copper decreased, which resulted in the cost of goods sold decreasing by 1.2% in 1Q19. Administrative and Selling Expenses Selling, general, and administrative

utilization, which was partially offset by a lower cost of the copper (Table 2). Furthermore, as the majority of factory burden costs are fixed, whereas total production volume decreased, which resulted in a

, the THB depreciation and a decline in the price of copper used in the production process helped reduce the cost of goods sold (Table 2). Administrative and Selling Expenses Selling, general, and

-Y due to the effect of a change in FX rate and an increase in the cost of goods sold resulting from high costs of raw materials Copper, Copper Foil and Laminate. However, a recent increase in capacity

decline in the price of copper used in the production process helped reduce the cost of goods sold, despite an annual adjustment in selling price. Administrative and Selling Expenses Selling, general, and

expenses 115.49 106.14 9.35 8.8% Total expenses 3,065.73 3,066.16 -0.43 0.0% Earning before interest and tax 253.50 341.41 -87.91 -25.8% Finance cost -5.55 -4.83 -0.72 14.9% Share of profit from investment

year. This is due to the lower sales than in the same quarter of the previous year, affected by the higher intensive competition in stainless steel pipes aluminum and copper in the market and resulting

-5.04 -25.4% Administrative expenses 25.75 25.02 0.73 2.9% Total expenses 741.40 690.89 50.51 7.3% Earning before interest and tax 75.54 61.16 14.38 23.5% Financial expenses -1.64 -2.72 1.08 -39.7% Share