cost in the 3rd quarter year 2019 from THB 557 million to THB 523 million compared to the same period last year due to total sugar sales volume decreased. However domestic sugar sales had remittance to
cent/lb at the beginning of 2018 due to global sugar supply is surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global
previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price
surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price
additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price decrease from the previous year but
the Company had more domestic sugar sales compare to the same period last year. Financial Cost Since the 2nd quarter year 2019 average interest rate charge slightly increased compare to the same period
decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit
supply is surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar
fixed sugar price scheme for domestic sugar consumption and introducing floating price as per world market movement, effectively on 15 January 2018, but also the Excise Tax scheme effectively on 16
stores were reduced earlier. Domestic Contract Manufacturing (CMG) sales decreased by c.25% YoY, mainly due to higher excise tax and sugar tax as well as high sales base last year. 9M/2018 Sales Revenue