2019. The main reasons were: Cost of goods sold was Baht 23.47 million, increasing of 45.50 % due to lots of new book titles book published and increased in numbers of provision of obsolete stocks
16,601 (14%) (8%) 48,283 53,047 10% Cost of sales (excluding depreciation and amortization)1 (13,835) (12,488) (11,217) (19%) (10%) (34,402) (36,648) 7% Gross profit1 5,391 5,650 5,384 (0%) (5%) 13,881
Management discussion and analysis /Page 2 - Efficiently cost and expenses control measure such as managing staff productivity, marketing expenses control by shift to more social media and digital marketing
margin in Q3/2020 was 14.13%, compared to gross profit margin of 35.50% in Q3/2019. It was due to lower sales revenue while the company having labor cost which is fixed cost. In addition, the company had
business and Cloud Computing business of Baht 13.09 million; - Other revenue of Baht 2.13 million. 2. Cost of Sales and Services, Selling and Servicing Expenses and Administrative Expenses The cost of sales
slowdown of investment environment throughout the country. Cost of goods sold and services decreased in portion of decreasing revenue but expenses were increase at the same level as last year and interest
greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, the proportion of take-home products, which have a higher average cost than sit-in products, increased in
.) 9M2020 9M2021 Inc./ (Dec.) % Inc./ (Dec.) Services income 80.79 124.30 43.51 53.86% 229.98 387.08 157.10 68.31% Cost of rendering of services (53.56) (86.64) (33.08) 61.77% (148.95) (266.34) (117.39) 78.81
(183.82) -35.69% Cost of rendering of services (355.37) (238.78) 116.59 -32.81% Gross profit 159.63 92.40 (67.23) -42.11% Other income 0.69 2.90 2.21 320.40% Services expenses (6.83) (5.10) 1.73 -25.35
lease under a Power Purchase Agreement 104.5 104.9 106.3 1.3% 1.7% 206.9 211.2 2.1% Cost of sales and services (1,191.7) (1,121.4) (1,168.5) 4.2% (1.9%) (2,466.2) (2,289.9) (7.1%) Gross profit 421.6 350.0