2019, the Edible Oil’s ratio of cost of sales to total revenue was 95.95%, which increased from in the 2nd quarter of 2018 to 1.36% or increased by 1.43%.where the Company possible to generate gross
decreased by Baht 11.99 million or 210.72% as compared to the same period of last year. Since the new business is not able to generate a return cover the expenses incurred, the first quarter of Year 2018 have
significantly from 36 mTHB to 59 mTHB (+ 60%) year on year. On the downside the project-based Golden Lime Engineering subsidiary did not generate significant revenue in Q1 2018, unlike in Q1 2017 when the
(Thailand) Co., Ltd. back to the Company, and others accordingly. The Company has planed to generate more fee base incomes in the future. Expenses The Company’s expenses mainly consist of operating and
since 2016, while the Indonesia market also began to generate early profit. Despite the positive sentiment in the oversea markets, the Company’s faced challenges from the sluggish performance in the
operation of Asia Pacific Glass Company Limited (“APG”), which not only generate incremental revenue to the Company but also reduce the production costs of the Company’s energy drinks in bottle formats. In
trademark “Wuttisak Clinic”, which start operate the franchise business on February 10, 2018. So far we can generate income for each branch continuously. 3. Analysis of Operating Results Statements of
gross profit margin increased from 42.8% in the 1st quarter of 2020 to 50.0% in the same period of 2021 from efficient cost management to generate more profit, such measures having been intensively
operations. 9. Expected Benefits to the Company To increase the efficiency in cash management, liquidity, generate a suitable return, and risk management. 10. Condition of the Transaction This Transaction is
efficiency in cash management, liquidity, generate a suitable return, and risk management. 10. Condition of the Transaction This Transaction is considered as an acquisition of the total assets of the Company