stability of VCM production, and more balance of ECH market. Analysis of Cost and Expenses 1. In Q1 2018, Cost of sales was 4,159 MTHB, increased by 485 MTHB comparing to 2017 or 13.2% due to the increase of
, Selling and Administrative Expenses was 296 MB, decreased by 34 MB or 10.3% comparing to 2017 mostly from lower transportation and warehouse costs. 3. There was no impairment loss in Q2 2018 as all
, expenses for personnel compensation and purchases of goods and services. Meanwhile, capital expenditures fell as a result of the high base effect of the government's accelerated budget disbursement last year
% Total Income 794.13 100.00% 936.78 100.0% -142.60 -15.22% Expense Cost of sales 597.99 69.77% 746.55 79.7% -148.55 -19.90% Selling expenses 35.11 4.10% 51.52 5.5% -16.41 -31.86% Administrative expenses
) (73.0 %) (1,030.4) (70.8 %) (10.1 %) Gross Margin 341.7 27.0 % 424.0 29.2 % (19.4 %) Distribution Costs (196.1) (15.5 %) (182.5) (12.5 %) 7.4 % Administrative Expenses (72.5) (5.7 %) (91.6) (6.3 %) (20.9
' administrative expenses amounting to Baht 34.18 million decreased of Baht 4.54 million, or 11.74 percent. Financial Costs The Company and its subsidiaries' financial costs was decreased Baht 12.17 million or 55.44
' financial costs was decreased Baht 3.47 million or 22.83 percent, because loans from financial institutions and loans from other companies decreased. Tax expenses The Company and its subsidiaries' tax
and administrative costs and expenses increased by 0.41%, compared to the same period of the previous year. The main reasons were as follows; Selling costs decreased by 0.02% because electric power
% Administrative expenses (26.21) (39.92) (13.71) 52.31% Share of profit of investments in associate 0.09 0.13 0.04 46.78% Finance costs (0.26) (0.34) (0.07) 28.01% Profit before income tax expense 86.37 113.36
, due mainly to an one-time costs and expenses in activating new hospital building, and the decreasing in other income. Statement of financial position As of December 31, 2017 and September 30, 2018, the