sales revenues. It mainly consisted of cost of products, transport cost for imported products, cost of packaging and other import-related costs. Cost of sales constituted roughly 42.39% of sales revenues
expansion, driving the overall costs down. This year, on top of 2018 on-going saving programs, our focuses will be on packaging optimization, new lighter weight bottles and more formulation optimization. The
sales in a greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, there was an adjustment in packaging costs in some quarters as a result of more sales from
Enclosure: 1. Information Memorandum Re: Acquisition of Assets of T.K.S. Technologies Public Company Limited (Schedule 1) (Second Amendment) 2. Information Memorandum Re: the Allocation of the Newly-Issued
Years ended 31 December 2018 2019 THB mm % THB mm % THB mm % Raw material and packaging 328.65 79.70 146.10 56.57 (182.55) (55.55) Labor costs 37.24 9.03 23.22 8.99 (14.02) (37.65) Depreciation costs
% THB mm % Raw material and packaging 179.04 80.77 71.50 60.69 (107.54) (60.06) Labor costs 21.98 9.92 11.33 9.62 (10.65) (48.45) Depreciation costs 8.64 3.90 10.06 8.54 1.42 16.44 Freight expenses 0.68
/(Decrease) For Nine Months Period Ended 30 September 2018 2019 THB mm % THB mm % THB mm % Raw material and packaging 256.39 80.28 109.18 60.53 (147.21) (57.42) Labor costs 30.97 9.70 15.90 8.81 (15.07) (48.66
measured at an amount equal to lifetime ECLs. ECLs on these financial assets are estimated using a provision matrix based on the historical credit loss experience, adjusted for factors that are specific to
products and orders through food delivery services, which have a higher packaging costs than sit-in products, when compared to last year. • Gross profit in Q4/2020 was THB 127 million, decreased by THB 54