control of Marvel Pack Company Limited (Formerly T.K.S.-Wellco (Thailand) Company Limited), a manufacturer of label, by acquiring 49% of the shares and voting interests in the company. As a result, the

and margin. • Review new system and reporting platform to improve visibility and analysis across all categories and consolidate the planning and open-to-buy process. • Review of private label

system and reporting platform to improve visibility and analysis across all categories and consolidate the planning and open-to-buy process.  Review of private label assortments to refresh current

physical stores. Despite the increase in sales mix of the directly sourced private-label goods and gross profit margin of Mega Home as compared with the previous year, it could not compensate for the lower

accounting standards under WHA level. However, the genuine gross margin was 55.3%. Utilities & Power Business 2018 2019 Increase/ (Decrease) THB mm THB mm % Revenue 2,095.1 2,258.7 7.8% Gross Profit 895.2

genuine gross margins for 3 months and 9 months were 51.5% and 54.8%, respectively. Utilities & Power Business Q3 2018 Q3 2019 Increase/ (Decrease) 9M 2018 9M 2019 Increase/ (Decrease) THB mm THB mm % THB

genuine gross margin in 2017 was at 57.5% for the warehouse rental and service business which decreased from 69.0% last year, mainly due to change in product mix between Built-to-Suit and Ready-built

margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin during 3 months and 6 months ended the

driven by genuine consumer demands. Enterprise business rebounded with a better economic certainty. Non-mobile enterprise business reported a revenue of Bt1,520mn, growing 20% YoY and 14% QoQ, mainly from

percentage of sales has increased from 24.97% in the previous year to 25.71% due to change in product sales mix of general merchandise and the enhancement of directly sourced private-label goods, as well as