MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade
industries and developing 10 high-value-added target industries which will serve as the new growth engine for the country; (3) Improving infrastructure, particularly transportation routes; and (4) Upgrading
Australia to EGR Europe as delivery country. Gross profit margin decreased 4% duted to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength
enhancing our offering. Table 3: Pipeline of ongoing projects 2019-2021 Outlook for 2019 The strength in our core businesses of Integrated PET, Fibers and Packaging are reflecting desired performances and is
Trading products decreased dued to Baht strength. - 2 - Selling and Administrative Expenses In the three-month period ended 30 June 2017 and 2016, total selling and administrative expenses of the Company
compared to the same period last year by gaining from dividend received. The financial structure of the Company was in the strength level and cash flow could be managed effectively, hence, there was no
decreased 15.49% dued to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength. Cost of sales and Services In 2017 and 2016, total cost of
is the Baht strength. Cost of sales and Services In the three-month period ended 31 March 2018 and 2017, total cost of sales and services of the Company increased from Baht 339 million to Baht 384
structure of the Company was in the strength level and cash flow could be managed effectively, hence, there was no interest paid. According to the above mentioned reasons, the Company’s profit before income
in business operation and strength of the Group’s financial position. For the Separate financial statements, the Company had net profit of the first quarter of 2019 at 477.48 million baht, an increase