mainly due to a decrease in revenue from sales and gross profit margin and an increase in selling and administrative expenses. However, it increased by 198.06% when compared with net profit recorded in

, in compliance with the decrease in revenue from sales and services. Gross profit margin of the second quarter of 2020 was 14.70% of revenue from sales and services increased from the corresponding

years ending 31 December 2016 and 2017, total revenue increased from THB 2,181.9 Mn to THB 2,515.2 Mn respectively. This was an increase of THB 333.3 Mn or 15.3% and was mainly due to the increased

2020 2019 Increase (decrease) % Producer and distributor of ready-to-drink milk, drinks 503.55 200.54 303.01 151.10 Immovable property business 2.95 4.72 (1.77) (37.50) Agriculture and dairy farm 17.10

volume. Gross Profit Margin Gross profit margin increased from 30.60% in 3Q17 to 39.18% in 3Q18. The main cause stemmed from a decrease in sugar and garlic prices, an increase in the proportion of revenue

For the period of nine months Movement for the third quarter Movement for the period of nine months 2020 2019 2020 2019 Increase (decrease) % Increase (decrease) % Producer and distributor of ready-to

by THB 821.69 million YoY (-6.24%), in line with the decrease in revenue from sales and services. 4 I 9 Management Discussion & Analysis 2023 Online sales increased by THB 16.83 million. The reason for

other receivables increased by Baht 41 million due to increase in trade accounts receivable Baht 129 million and decrease in unbilled contract revenue Baht (98) million. Moreover, other receivables

, comparing with the last year, as follows: (Unit: Million Baht) Company/business For the year ending on December 31 2017 2016 Increase(decrease) Producer and distributor of ready-to-drink milk, drinks and

increased project costs that had not yet been invoiced to suppliers. Contract liabilities decreased by 34.2 MB, representing a decrease of 10.5%. This is because revenue from projects that received advance