due to reduction in several key raw material and packaging costs, and better efficiency from modern production technology that allows economies of scales. Moreover, Asia Can Manufacturing Co., Ltd

sentiment with 1.3% growth YoY, driven by C-Vitt (+249.3% YoY). New beverage production capacity completed earlier than planned, which enabled us to serve unmet C-Vitt demand and continue driving category

sectors. Manufacturing and exports contracted due to lower demands and shortage of raw materials and components from suppliers closed down due to the quarantine. Private investments and employment also

the increase in sales revenue, as well as the decrease in cost per unit from the increased production volume (Economy of scale). • Gross Profit margin in Q1/2024 was 66.5%, increased from 63.6% in Q1

production and Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 edible oil. Therefore, the

product sales approx. 71%:29%) • Finished or intermediate products, which can be categorized as follows: • Online sales and Head office pick up • OEM/Food Manufacturing under the Company’s trademark or per

across 10 company-owned outlets under “Mikka” brand • Sale of raw materials to Mikka Café franchisees in Thailand and After You Dessert Café in Hong Kong. • OEM/Food Manufacturing under the Company’s

significant increase in purchasing volume. In addition, stabled oil price also have played a significant role in the Company’s production costs was able to stabilize, a well as to increase the customers

slower pace than 2018 at around 7-8 % supported by fixed asset investment. Certain other key segments like chemical and construction (AAC block manufacturing) also show positive tendencies. On the downside

Manufacturing under the Company’s trademark or per customers’ demand • Catering services such as parties, wedding receptions, restaurants or any events • Pop-up store sales in various locations Dessert Café Non