News Detail

                Management Discussion and Analysis

Company name                             : CHONBURI CONCRETE PRODUCT PUBLIC 
COMPANY LIMITED
Year                                     : 2018
Quarter                                  : Yearly
Ending                                   : 31-Dec-2018
Note                                     :
No.CM.1/62/018

February 28, 2019

Subject    Management Discussion and Analysis of Chonburi Concrete Product Public 
Company Limited for the year ended December 31, 2018

Attention    President
        The Stock Exchange of Thailand

Attachment:        Auditor report and Financial Statement for the year ended 
December 31, 2018    

Chonburi Concrete Product Public Company Limited ("the Company") would like to 
declare the Company's performance by considering the Company's consolidated
financial statements for the year ended December 31, 2018. The Company recorded
a loss attributed to equity holders of the parent of THB 70.63 million,
decreasing by THB 48.10 million compared to the previous year which recorded a
loss attributed to equity holders of the parent of THB 22.53 million. The
details are as follows:

1. For 2018, the Company had total revenue of THB 2,481.40 million, increasing 
by THB 118.81 million or rose 5.03 percent compared to the previous year which
was THB 2,362.59 million. The total revenue were seen as the revenue stream from
the Company of THB 1,564.56 million, increasing by THB 3.03 million or rose
0.19 percent together with its subsidiaries' revenue of THB 916.84 million,
increasing by THB 55.60 million or rose 6.94 percent since there was a sign of
economy recovery, resulting in more goods delivery in 2018.

2. For 2018, the Company had total cost of goods sold and services of THB 
2,218.85 million which was accounted for 7.23 percent of gross profit margin for
the period, in contrast, the previous year's total cost of goods sold and
services was valued at THB 2,160.36 million which was 7.62 percent of gross
profit margin. Rise in material price and more intense in price competition
resulting in a decrease of the Company's gross profit margin.

3.  For 2018, the Company recorded THB 211.81 million for sales and 
administrative expenses, increasing by THB 14.30 million or rose 7.24 percent
compared to the previous year since the Company's allowance for doubtful account
 and the Subsidiary's administrative expense increased.

4. For 2018, the Company had the financial expenses of THB 45.18 million, 
increasing by THB 6.45 million or rose 16.65 percent compared to the previous
year's balance of THB 38.73 million due to the additional debt for improving
machineries and factories.

Remark:     1) Gross profit and gross profit margin are based on the income from 
core business's activities such as revenue from sales and rental and service's
income.
2) Decimal numbers shown in this management discussion and analysis are likely 
to be different from the Company's financial statements due to the rounding to
2-digit and unit changed to million baht.


Please be informed accordingly,

           Best regards


...........................................................
(Mr. Pratheep    Theepakornsukkasem)
Chairman of the Board of Directors
Chonburi Concrete Product Public Company Limited
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