News Detail

Date/Time
14 Aug 2019 22:21:00
Headline
Management Discussion and Analysis Quarter 2 Ending 30 Jun 2019
Symbol
CCP
Source
CCP
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                Management Discussion and Analysis

Company name                             : CHONBURI CONCRETE PRODUCT PUBLIC 
COMPANY LIMITED
Year                                     : 2019
Quarter                                  : Quarter 2
Ending                                   : 30-Jun-2019
Note                                     :
No.CM.1/62/058

August 14, 2018

Subject    Management Discussion and Analysis of Chonburi Concrete Product Public 
Company Limited for the quarter ended June 30, 2019

Attention    President
        The Stock Exchange of Thailand

Attachment:        Auditor report and Financial Statement for the quarter ended 
June 30, 2019    

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 quarter ended June 30, 2019. The Company recorded a
profit attributed to equity holders of the parent of THB 5.11 million, whereas
the same period of the previous year which recorded a loss attributed to equity
holders of the parent of THB 17.30 million. The details are as follows:

1. For quarter 2 of 2019, the Company had total revenue of THB 618.66 million, 
increasing by THB 67.12 million or rose 12.17 percent compared to the same
period of the previous year. The total revenue was seen as the revenue stream
from the Company of THB 365.25 million, increasing by THB 20.30 million or rose
5.88 percent. For the Company's subsidiaries' revenue of THB 253.41 million,
increasing by THB 46.82 million or rose 22.66 percent since there were the
increase in sales volume and sales price as well as the increase from rent and
service revenue.

2. For quarter 2 of 2019, the Company had total cost of goods sold and services 
of THB 553.92 million which was accounted for 9.45 percent of its gross profit
margin, in contrast, the same period of the previous year's total cost of goods
sold and services was THB 507.62 million which was 7.29 percent of gross profit
margin. Gross profit margin increased since sales price is improving
continuously.






3.  For quarter 2 of 2019, the Company recorded THB 50.81 million for sales and 
administrative expenses, decreasing by THB 3.43 million or fell 6.32 percent
compared to the same period of the previous year due to the improvement in
controlling selling and administrative expenses.

4. For quarter 2 of 2019, the Company had the financial expenses of THB 10.45 
million, decreasing by THB 1.45 million or fell 12.16 percent compared to the
previous year's balance of THB 11.90 million due to the decrease in interest
rate.

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
This announcement was prepared and disseminated by listed company or issuer 
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of the information and related documents of listed company or issuer to the
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