105.63 (27.27) Net Profit 59.77 87.30 (31.53) Total Revenues: For 2018, EASON recorded a 3.75% drop in revenues resulted from the lower inks sales and diminishing in production of motorcycle coatings in
. Operators continued to deploy aggressive discounts in order to retain existing base and also attract new demand. During the COVID outbreak, operators have launched work from home package with lower price
offered on broad base. In 2H19, unlimited data pricing re-emerged in prepaid segment and continued into early 2020. As a result of unlimited data plans as well as continued shift of customers from prepaid
reduction is mainly due to improved productivity. We are on track to improve our gross and net profits by ensuring that any increase in our costs is lower than our growth in sales. Gross Profit As a result of
. However, the decrease in revenues from hotel business is slightly lower than the industry due to the Thai customers base still support the business. Gross profit from hotel operations Unit For the three
, public spending and tourism sector still expanded which resulted from low base in the previous year. (Source: BOT Press Release No.64/2019 on the Economic and Monetary Conditions for September and the
period, but also the high-base effect of disbursement of the central budget to combat COVID- 19 last year. Moreover, the central government's capital expenditure following disbursements by transportation
in offering services to the merchants. In addition, other operators started offered lower rates on settlement services causing some customers decided transfer their settlement services providing by
existing Company’s customer base as well as new customers, which resulted in additional revenue for the group. The increases in revenue from the Company and subsidiaries, HP and HENG, are accounted for 70