. management renew the management service contracts with appropriate profit margin only 2. solar energy which is a new business has higher gross profit margin than 2 existing businesses. Consequently, overall
caused oversupply in table glassware market. The Company continued developing new product designs to serve customer needs. In 2017, Ocean and Ocean Professional Brands, launched new series of glass
opening of new branches, (2) positive same-store-sales growth and (3) increased sales of raw material to franchisees. Franchise fee income increased from THB 56.5 Mn in 2017 to THB 69.6 Mn in 2018, an
filling totaled Bt647 million, while consignment usage was much higher at Bt779 million (Table 3). The decline in sales in 1Q19 represented new prices that took effect in January 2019 with an effective
Group has adopted the new Thai Financial Reporting Standards (TFRS) no. 15, Revenue from contracts with customer. The adoption of TFRS 15 mainly affects the Group’s accounting treatment cause the Group
the launch of new projects in the latter half of 2019. However, the impacts of LTV measures and overall situation are far more severe than expected. It affects not only the Company but the whole
4.0% from the total revenue, an increase of 272.1 million baht, or 100.0% Due to an increase of investments in joint ventures with new partner, ES-CON Japan (Thailand) Co.,Ltd, subsidiary of ES-CON
restructuring by disposition of Power Plant Business, the non- performing business unit, and emphasizing in its core business which is transmission and telecommunication tower business along with seeking for new
not result in an increase in consumption to the same extent. Store expansion in the second quarter was in line with plan. The company opened two new stores: one HomePro S store at BigC Bangna in May
completed in Q2/2018, namely, Lumpini Ville Phra Nang Klao-Riverview and one real estate project for investment, namely, Lumpini Township Rangsit-Klong 1 (Phase 3), Building F1. Three new projects are