channel has expanded significantly, as well as effective cost management has resulted in maintaining profit margin at a good level. (2) Analysis of Operating Results and Profitability (2.1) Revenues from

be Baht 446.70 million or an increase of 33.26 percent, due to expansion of distribution channels and effective cost management having resulted in maintaining profit margin at a good level. (2

gross profit margin of 1.68 percent in spite of increase in selling and administrative expenses of 1.83 percent. The Corporate Group’s net earnings per share was Baht 0.45 per share, an increase from the

increase from the previous year by Baht 148.69 million or 35.16 percent, due to the increase in gross profit margin of 17.02 percent despite the increase in selling and administrative expenses of 11.65

in sales from the restaurant business while still having other fixed costs of sales (kitchen area), such as staff, rent, utilities and depreciation. The gross profit margin decreased from 47.4% in 2019

with Diamond Brand”, as well as effective cost management having maintained good gross profit margin and increased net profit in 2020. (2) Analysis of Operating Results and Profitability (2.1) Revenues

$99.4 +6.2% $113.0 -10.2% ] Cost of Sales 2,450.3 2,424.7 2,457.1 2,692.4 Gross margin, % 20.66% 18.98% 21.09% 27.04% SG & A 421.8 415.5 403.1 463.7 Operating Profit 217.0* 213.3** 248.2* + 1.7% 517.3

2,311.5 2,457.1 Gross margin, % 23.99% 20.36% 21.09% SG & A 429.9 372.4 403.1 Net Profit per F/S 424.8 251.8 +68.7% 268.6 +58.2% 13.03% 8.68% 8.63% Sales Revenue Consolidated sales revenue in Baht terms

in all, the gross profit amounted to 134.18 million baht, translating to a gross profit margin of 27.50%, up from 23.36% in 2017. SG&A and other expenses and financial cost In 2018, the company booked

, while gross profit margin was 8.50%, compared to 7.99% in the first nine months of 2018. 2 Other income For the first nine monhts of 2019, the Company and its subsidiaries had other income of Baht