restrictions from the franchisor. Loss on Exchange Rate The Company and its subsidiaries’ loss on exchange rate in year 2019 increased by Baht 5 million when compared with last year due to Baht appreciation
. The Company’s revenue was also affected by the appreciation of exchange rate of 4% from an average of 31.62 per 1 Dollar in quarter 1 2019 to 30.34 per 1 Dollar in quarter 1 2020. Nevertheless, the
% resulting from the rise in gross profit margin from 6.99% in Q3/2018 to be 8.13%. This was derived from our well manage in purchase timing as well as the currency appreciation in this quarter. Total selling
Office; (3) calculate the market prices of derivatives held by a client including any profit or loss from positions on derivatives in order to adjust the margin value of the client at least at closing time
any profit or loss from positions on derivatives in order to adjust the margin value of the client at least at closing time of normal trading session of every business day; Calculation for the market
materially cut down sales expenses from the previous year in alignment with the drop in sales revenue. Nevertheless, some of the sales expenses took time to adjust and did not fully reflect the slowdown in
adjust its operation to accommodate such measures. The Company has assessed and prepared for the impacts of the measures by liquidating the inventory, regularly organizing marketing activities and planning
of 16.4% year-on-year, from Baht 260 million (after adjust exchange rate gain of Baht 45 million) to Baht 302 million. This improvement is largely attributable to increased earnings from operations
million compare with the same period of previous year amount to Baht 4.64 million, decrease Baht 0.95 million or decrease 20.45% , because In Q2/2018 the company had adjust their organization to be more