decreased from the declining of revenue which because of the high market competitive in the competitor and pricing and also the slowdown of the turnkey project’s customer. Besides, it was from the increased
proportion of decreasing in total costs and expenses was lower than the declining rate in total revenue. This was due to the Company and its subsidiaries incurred financial costs during the development of real
million, decreased by Baht 72 million or 4.0% from Q3’2017, mainly from declining in total green tea market while the company still maintained market leader position, and partly from the fire incident at
this lower gross margin in 2019. However, The company believes that this investment would be a key factor for competitiveness enhancement in the long run. Selling and administrative expenses Selling and
margin as a percentage of sales has increased from 25.89% in previous year to 26.17% due to change in product sales mix of general merchandise and the enhancement of directly sourced private-label goods
) completely and also certified the standard on Waste Process Enhancement Project for waste management operator in the gold medal level. For the real estate business, the Company was the sales amount from the
of new staff hire for the distress debt expansion and commission paid. However, the percentage of cost of services to revenues was declined significantly. This was because the enhancement of efficiency
generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently manages 32
the business plan. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential