5.0% in Q3 2017 to 6.8% in Q3 2018, driven by improved efficiency and increase volume. Selling and administrative expenses were Baht 36 million lower than last year due to cost control and lower
cost. 3) Selling and Administration Expenses Selling and administration expenses decreased by Baht 11.4 million, or 6.5% from Q2/2016, as a result of improved efficiency in cost and expenses control. 4
slightly decreased from 6.6% in Q2 2016 to 6.3% in Q2 2017, as improved margins in the automotive parts segment, driven by improved efficiency, was impacted by lower margins in the car dealerships. Selling
Act (amount of Baht 36 million). This year-on-year improvement was mainly attributable to higher sale from automotive parts, improved efficiency and increases of gross profit from tooling sales. Selling
2.8 0.7 0.7 -1.4 3.2 4.2 4.6 3.3 2.8 0.2 0.5 -2.0 1.3 0.0 6.5 7.6 4.4 4.5 2.3 1970S 1980S 1990S 2000S 2010S Total Factor Productivity Labour_Quality Labour_Working Hours Capital_Non-IT Capital_IT GDP
decreased year-on-year, attributable to improved efficiency as well as on-going cost reduction and cost control. Hence, gross profit margin improved from 7.0% of sales in Q1 2016 to 7.7% of sales in Q1 2017
percentage of sales, gross profit margin improved from 7.2% in Q1 2018 to 8.9% in Q1 2019, driven by cost reduction measures and improved efficiency and increases of gross profit from tooling sales in Q1 2019
forward with our daily lives. Many have since found that utilizing technology to digitalize financial products and infrastructures have certainly improved effectiveness of the financial and investment
solutions for enhanced connectivity between our customers and their business partners, thus leading to more expansive business networks and efficiency, especially among those in the agro-processing, commerce
Management discussion and analysis /Page 2 - Efficiently cost and expenses control measure such as managing staff productivity, marketing expenses control by shift to more social media and digital marketing