efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency For stores expansion in the second quarter, the company opened 1 new store of HomePro at Charansanitwong
goods and rendering of services 40,481 39,009 46,306 14% 19% 144,705 172,138 19% Cost of sale of goods and rendering of services (36,704) (35,450) (42,711) 16% 20% (132,809) (158,596) 19% Gross Profit
of the client, not ready to install and some customers postpone the plan or delay the investment - Cost of goods sold decreased from Baht 324.85 million in the year of 2017 to Baht 319.67 million in
acquisition would still be a cost-effective investment because ADAM would be able to offset the 96 million baht difference with the projected initial 100 million baht earning from the new construction phase
prior to the transfer registration process which cause the land price to be higher than the estimated budget. Thus, with the larger plot of land, the Company plan to build a larger factory, which lead to
increased by THB 4.68 million, or 2.66% up from 1Q2018. Revenue from processed food business in 1Q2019 increased from higher selling price of processed food which increased by 7.93% comparing to 1Q2018. Cost
contributed 74.0% of total operating revenue whilst Street Furniture media contributed the remaining of 26.0%. Cost of sales grew by 17.8% from THB 87mn in 2Q 2017 to THB 103mn in 2Q 2018. This was mainly due
SNAPSHOT & ANALYSIS CONSOLIDATED P&L SNAPSHOT THB (mn) 1Q 2017/18 4Q 2017/18 1Q 2018/19 QoQ (%) YoY (%) Operating revenue 852 1,128 1,077 -4.6% 26.5% Cost of sales 356 406 392 -3.5% 10.1% Gross profit 496
, and (2) the Company recorded the doubtful accounts on long-term loan to joint ventures of 910 million Baht in the same period last year. In Q2 2018, the Company had finance cost of 198 million Baht
which decreased by 6.43% comparing to 1Q2019. Cost of Sales and Gross Profit Cost of sales for 1Q2020 was THB 3,142.49 million, decreased by THB 289.74 million or 8.44% down from 1Q2019 while gross profit