, due to the intense competition and the higher lubricant raw material costs. This led to the company’s net marketing margin to soften marginally. 3. As of Q1/2018, the total number of service stations
with Q1/ 2023 , The reason of decreased in sales revenue due to the economic slowdown and more intense competition. Cost of Sales for Q1 / 2024 and Q1 / 2023 was 3 3 0 .4 7 million baht and 4 3 2 .1 9
competition in the market became less intense because of higher demand and sales volume of agrochemicals. Cost of sales increased at a lower rate of increase than that of the sales volume resulting in the
still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and
of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the
operators and new comers resulting in continually intense competition in restaurant business. Cost of Sales and Gross Profit Cost of sales in 2017 totaled Baht 899.62 million, dropped Baht 100.62 million or
distribution in other potential countries of Africa, Americas, and APAC. For domestic market, substitute products from importers got flooded as strong Thai Baht made overall imports cheaper causing intense price
demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For
Pattanamas, proceeded GGC to purchase raw materials and pay the distributors for the purchase in full without receiving all of the raw materials or receiving only part of it. However, GGC recorded in its