News Detail

Date/Time
13 Nov 2017 07:14:00
Headline
Operating Result Quarter 3 Ending 30 Sep 2017
Symbol
CCP
Source
CCP
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                Operating result

-No.CM 1/60/089

November 13, 2017

Subject    Management Discussion and Analysis of Chonburi Concrete Product Public 
Company Limited for the quarter ended September 30, 2017

Attention    President
        The Stock Exchange of Thailand

Attachment:    Auditor report and Financial Statement for the quarter ended 
September 30, 2017    

Chonburi Concrete Product Public Company Limited ("the Company") would like to 
declare the Company's performance by considering the Company's consolidated
financial statement for the quarter ended September 30, 2017. The Company
recorded a profit attributed to equity holders of the parent of THB 5.48
million, increased by THB 0.76 million or rose 0.76 percent compared to the same
period of the previous year in which the Company saw a profit attributed to
equity holders of the parent of THB 4.72 million. The details are as follows:

1. For quarter 3 year 2017, the Company had total revenue of THB 626.02 million,
increased by THB 48.12 million or rose 8.33 percent compared to the same period
of the previous year. The total revenue were seen as the revenue stream from
the Company of THB 401.29 million, increased by 39.06 million or rose 10.78
percent together with its subsidiaries' revenue of THB 224.74 million, increased
by THB 9.06 million or rose 4.20 percent since there was a sign of economy
recovery, resulting in more goods delivery in this quarter.

2. For quarter 3 year 2017, the Company had total cost of goods sold and 
services of THB 576.78 million which is accounted for 7.78 percent of its gross
profit margin for the period, in contrast, the previous year's total cost of
goods sold and services was valued at THB 517.00 million which was 10.44 percent
of gross profit margin. In this regard, a declining average price of
construction material's goods in the market led by price competition is the key
factor on the drop in the Company's gross profit margin.

3.  For quarter 3 year 2017, the Company recorded THB 43.17 million for selling,
general and administrative expenses, decreased by THB 9.39 million or fell
17.87 percent compared to same period of the previous year since the Company has
changed its structure corresponded to the market situation in order to decrease
 the unnecessary expenses.

4. For quarter 3 year 2017, the Company posted the financial expenses of THB 
10.34 million, increased by THB 1.47 million or rose 16.53 percent compared to
same period previous year's balance of THB 8.87 million due to the additional
investment for machineries and factories.


Remark: 1) Gross profit and its margin are based on the income from its 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 statement due to the rounding to
2-digit and unit changed to million baht.


Please be informed accordingly,

          Best regards


.....................................................
(Mr. PratheepTheepakornsukkasem)
Chairman of the Board of Directors
Chonburi Concrete Product Public Company Limited
______________________________________________________________________
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