Microsoft Word - ELCID_Telemax Capital Increase No. FER 600195 March 23, 2018 Subject : Notification of the capital increase and investment plan of its subsidiary Attention : President, The
Revenue Increase in total revenue in 2018 due to increase in sugar sales volume from 687,046 tons last year to 1,091,228 tons or increase by 59%, however average selling price decrease from 17,362 THB/ton
) increased by 87.88 million baht (123.26%) from the previous year (71.29 million baht or 5.50 % of sale). The increase in net profit was driven by (a) higher gross margin from decline of the cost of sugar tax
volume. Gross Profit Margin Gross profit margin increased from 30.60% in 3Q17 to 39.18% in 3Q18. The main cause stemmed from a decrease in sugar and garlic prices, an increase in the proportion of revenue
increased from 29.45% in 2017 to 37.91% in 2018. The main cause of such increase stemmed from an increase in the proportion of revenue from sales of Seasoning and Dipping Sauce products, a decrease in sugar
increased from 35.71% as compared to the same quarter of 2018. The main cause stemmed from an increase in proportion of revenue from sales of sauces and condiments, a decrease in sugar and garlic prices and
increase in prices of sugar and garlics, which are the main raw materials used in the production, and Baht appreciation has contributed to a slight decrease in gross profit margin. Selling Expenses Selling
of sugar and garlics, which are the main raw materials used in the production, has contributed to an increase in the overall costs of production per unit. Selling Expenses Selling expenses in 3Q17 were
stage of production; therefore, the production is unable to operate at its full capacity. Moreover, an increase in prices of sugar and garlics, which are the main raw materials used in the production, has
sugar and garlic prices and an increase in selling price since the 3rd quarter of 2018. Selling Expenses Selling expenses in 2Q19 were Baht 17.99 million which decreased by Baht 3.35 million or 15.70% as