revenues. (2) EBIT, EBIT margins, EBITDA, EBITDA margins, EBITDAR or EBITDAR margins are not standard measures, nor measurements of financial performance or liquidity, under TFRS, and should not be
any) Total 100 100 100 1. In case of IPO during the past 1-2 years, only the income structures of such periods are required, as the case may be. 2 Including the profit margins in the affiliates based on
and its subsidiaries increased. Comprehensive net income also improved substantially with high level gross margins. While selling expenses decreased in the current year by comparison to the same quarter
low margins since it is selling only hardware yet competitive. As a result, the changes in net profit increased at lower rate than the increase in revenue. Besides, the increase in revenue partly came
2019 that it had relatively low gross margins. Administrative Expenses Administrative Expenses of Q3–2019 increased from Q3–2018, mainly due to the allowance for doubtful accounts for the trade
the higher production scale and continuous improvement of the production process during the year. The higher margin was also by the lower sales to wholesale channel with lower margins. For the year
ease this pressure, and with the upward trend in prices, we will continue to expect healthy margins.” 2. Outlook Overall Thai economic activity in the first quarter of 2018 beat expectations with an
to higher number of land transfer. Moreover, the gross profit margin for 2019 was 50.7%. These gross margins had accounted for the fair value adjustment of the acquired business according to the
from 37.6% gross profit margin in the corresponding period last year, mainly due to the improving margins for the branded products by the Company’s production. Branded products by the Company’s