45.8%. ICUK is facing a challenge from sugar tax imposed in April 2018, energy drink manufactures and sellers released new flavors with low sugar and promoted sales by offering discount to distributors
continued to have presence as strong brands in the market. Implemented company-wide cost optimization With low growth market, AIS has been focusing on optimizing and digitizing the core operation including
maintain production cost as low as possible. Due to the decrease in sales volume, the Company is considering providing the manufacturing service to biodiesel producer customer again in the next quarter
products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export
record high depreciation cost in full which did not correspond to such low utilization of production and machinery. The Company engaged independent engineering expert to inspect and appraise the assets and
which affected employment and domestic demand*. However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real
operational capabilities and enhance cost efficiency, such as smart IoT solutions, cloud services, and connectivity. Mobile services continued the momentum from value-based offerings Mobile revenue reported
-scale projects have relatively low gross profit margin due to the high competition. Those can be shown from the increased rate of cost of sales and services higher than the increased rate of revenue. In
cost as low as possible. The Company is considering providing the manufacturing service to biodiesel producer customer again. Selling Expenses The Company and its subsidiaries’ selling expense mostly