News Detail

Date/Time
13 Nov 2019 18:47:00
Headline
Management Discussion and Analysis Quarter 3 Ending 30 Sep 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 3
Ending                                   : 30-Sep-2019
Note                                     :
No.CM.1/62/085

November 13, 2019

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

Attention    President
        The Stock Exchange of Thailand

Attachment:        Auditor report and Financial Statement for the quarter ended 
September 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 September 30, 2019. The Company
recorded a profit attributed to equity holders of the parent of THB 26.06
million increasing by THB 72.97 million compared to the same period of the
previous year which recorded a loss attributed to equity holders of the parent
of THB 46.91 million. The details are as follows:

1. For quarter 3 of 2019, the Company had total revenue of THB 692.54 million, 
increasing by THB 9.74 million or rose 1.43 percent compared to the same period
of the previous year. The total revenue was seen as the revenue stream from the
Company of THB 402.48 million, decreasing by THB 51.06 million or fell 11.26
percent and from the Company's subsidiaries' revenue of THB 290.06 million,
increasing by THB 60.79 million or rose 26.52 percent.
The increase in total revenue of THB 9.74 million was due to the increase in 
sales and service revenue of THB 69.14 million since the sale volume and sale
price rose. However, other incomes decreased by THB 59.40 million since the
previous year had the revenue from selling ready-mix concrete factory.

2. For quarter 3 of 2019, the Company had total cost of goods sold and services 
of THB 592.56 million which was accounted for 13.84 percent of gross profit
margin, while the same period of the previous year's total cost of goods sold
and services was THB 581.51 million which was 6.00 percent of gross profit
margin. The increase of gross profit margin was the result of the improvement of
 sales prices.

3.  For quarter 3 of 2019, the Company recorded THB 55.39 million for sales and 
administrative expenses, increasing by THB 2.90 million or rose 5.33 percent
compared to the same period of the previous year.

4. For quarter 3 of 2019, the Company had the financial expenses of THB 9.94 
million, decreasing by THB 2.60 million or fell 20.70 percent compared to the
previous year's balance of THB 12.54 million due to the decrease in the
Company's debt.

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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