increase in sales revenue from the same-store sales growth and the increase in number of branches, as well as the decrease in overall expense from increased production volumes (economies of scale). • Gross
in number of branches. In addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q3/2023 was 66.0%, increased from 64.6% in Q3/2022
addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q4/2023 was 65.0%, increased from 62.9% in Q4/2022, and Gross Profit margin in 2023
from same-store sales growth and the increase in the number of branches, as well as the decrease in cost per unit from the increase in production volumes resulting in economies of scale. • Gross Profit
. (“KPPH”), a wholly-owned subsidiary of Kinpo Group EMS companies in manufacturing consumer electronics products Relationship with the Company (Remained No Change) Kinpo and its subsidiary together has hold
in Q4/2018 continuously grew. Export-oriented manufacturing businesses continuously expanded but domestic-oriented manufacturing was rather stable as slow recovery of private consumption and high
categories, boosting manufacturing production. Private investment indicators also signified growth, particularly in machinery and equipment. Nevertheless, public spending declined mainly from the contraction
operation, CCET purchased the custom-made calculators from Kinpo to support the Company’s manufacturing purpose. 2nd transaction Partners of Contract Seller: Kinpo International Ltd. (“Kinpo-Inter”) Buyer
/ food Manufacturing under Company’s trademark or per customers’ demand. 3) Catering service such as parties, wedding receptions, and any occasion or restaurants. Pop-up booth sales in various locations
admin expenses of 26.0 MB, increased from Q1/2019 in the amount 5.6 MB, or 27.9 percent (20.3 MB in Q1/2019) as result from new production unit at Bangpoo and the impact from the Thai Financial Reporting