real estate developers. MK had several housing projects close to closing and prices were discounted to buyers. All of the factors that mentioned in the above caused MK’s gross profit margin in this
debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The
to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of
stage of production; therefore, the production is unable to operate at its full capacity. Moreover, an increase in prices of sugar and garlics, which are the main raw materials used in the production, has
economy dramatically declined in 2017. Trang’s economy depends heavily on agriculture sector. Prices of both the rubber and oil palm suffer in year 2017, and also the harvested volume was declined
factory at Amata City provided that such costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory in the first half of 2017. Moreover, an increase in prices
at a slower rate than the same period last year. Supporting factors included an increase in private consumption from both the agricultural sector (driven by an increase in rice prices) and the non
sugar and garlic prices and an increase in selling price since the 3rd quarter of 2018. Selling Expenses Selling expenses in 2Q19 were Baht 17.99 million which decreased by Baht 3.35 million or 15.70% as
: 1) A change in foreign currency exchange rates Table 1: Foreign currency exchange rates and sales in foreign currency 2) A higher cost of main raw materials Table 2: Raw material prices and purchased
11 11 1 6% 23 22 1 3% Gross profit 89 69 20 29% 174 142 33 23% • Referring to increase in sales value and retail prices adjustment led to improve in gross profit, comparing to same quarter in last year