Q1–2019, it increased in line with the increased in revenue. Comparing Q1–2019 and Q4–2018 showed that the increased rate of total operating expenses was much lesser than the increased rate of revenue

same period of last year. The increased net profit for year 2019 was mainly in respond to the product mix during the year and that the impacts derived from the currencies appreciation is at lesser level

Company’s cost of goods sold also increased in a lesser proportion. Towards the end of the year 2016, the Company also started producing and selling more high-end products, which have higher profit margin

impacts derived from the currencies fluctuation is at a lesser level due to the Company has adopted its functional currency to be USD since year 2019 in order to better fit the Company’s recent operation

, resulting in lowered average irradiation hours. 3. Realized share of profit from investments in associated companies THB 2.1 million, lesser than the previous quarter due to:  Share of profit from the wind

the currencies fluctuation is at a lesser level due to the Company has adopted its functional currency to be USD since year 2019 in order to better fit the Company’s recent operation and that the

sales. The ratio between distribution costs per the sales revenue is decreased by 1.0 percent compared to the same quarter of the previous year (decreased by 3.3 percent from Q4/2019), due to the lesser

the impacts derived from the currencies appreciation is at lesser level due to the Company has adopted its functional currency to be USD since beginning of year 2019 in order to better fit the Company’s

level of household debt and conservative spending are continue to hinder domestic consumption by limiting consumption with only necessary items, decreasing in spending frequency and low- price. The

, lesser than that of the year 2017 which was 4.47 times  Inventory turnover was 4.20 times, lesser than that of the year 2017 which was 4.71 times  Average debt collection was 83 days about the same