% QOQ, resulted in higher gross profits margin. Proportion of other income to total revenue slightly decreased compared to previous period. 96.18% 94.06% 0.98% 3.82% 4.96% 1Q2019 1Q2020 Sales Services
projections of internal cash accruals and prudent borrowing. IVL is poised to grow in a disciplined manner and pursue its consistent strategy of prudent in- vestments in higher-margins HVA businesses
deliver on its consistent strategy of diversifying its earning streams within its core areas of competence. As is evidenced in Figure 3, this strategy has played a key role in creating long-term value at
deliver on its consistent strategy of diversifying its earning streams within its core areas of competence. As is evidenced in Figure 3, this strategy has played a key role in creating long-term value at
the new businesses to alleviate this impact. These new businesses will gradually generate more profits in the subsequent quarters. For 2H19, the Company remains fairly positive in its outlook for the
the new businesses to alleviate this impact. These new businesses will gradually generate more profits in the subsequent quarters. For 2H19, the Company remains fairly positive in its outlook for the
shopping malls. Cost of food center services CPN has amended the recognition of cost of food and beverages in 2019 in compliance with TFRS 15, consistent with the revenue from food center services. In 3Q19
new flavors under Carabao Energy Drink Mandarin Orange. 2 Gross profits and gross profits margin Gross profits amounted to THB 1,003 million, rose by THB 125 million or 14.2%, representing gross profit
increased by THB 204 million or 37.5% due to more product variety especially with higher average selling price per unit which can offset a drop in sales of other product groups. 2 Gross profits and gross
distribution of THB 208 million or 27.8%. 2 Gross profits and gross profits margin Gross profits were THB 1,594 million, an increase of THB 397 million or 33.2%, representing gross profit margin of 41.3%, an