subsidiary and listed company, which was deemed dishonest act causing damage to GGC. They committed the offense with nine associates who were raw material distributors, namely (3) Anatta Green Co., Ltd

the decline in value of inventory presented at Baht 12.4 million, increased by 219.9% due to write off obsolete raw material, provision of Crystalline cullet and provision of obsolete and long-aged

by 8.9% from the marketing activities expenses. The administrative expenses reported at Baht 28.8 million, increased by 4.1% due to writing off the obsolete finished goods and raw materials. Shutdown

domestic sales 24.2% and export sales 75.8%. Gross profit was down from 33.6% to 25.8% due to low margin sale to B2B coupled with the increase in raw material and energy costs. Total expense was Baht 504.6

production line of flexible packaging and the machine setup process is not complete and new employee lack of expert skill and the use of raw material is inefficient, cause a high production cost. 3. Selling

, the gross profit of year 2017 significantly increased by 44% from 944.71MB in year 2016 to 1,362.25MB despite an increase in cost of sales and services from higher raw material costs of imported metals

Baht 8.91 million, decrease Baht 11.53 million or decrease 129.37% , due to sale on obsolete machine cause to revert allowance for decline value which was previously recorded as a loss from impairment on

, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68

million, decrease Baht 12.53 million or decrease 107.65% , due to the company had profit from sale on obsolete machine Baht 1.94 million ,cause to revert allowance for decline value which was previously

others cost from obsolete goods. Table 6: Cost of Goods Sold by Type of Expenses for the Years ended 31 Dec (12M YoY) Cost of sales Consolidated financial statements Change Increase/(Decrease) For The