to maintain profitability through effective marketing to boost sales, while increasing efficiency in the management of raw material costs and other expenses. Nonetheless, from the aforementioned

more than its target, which reflected in 2019 gross margin increase by 250 bps YoY to 34.9%. Q4’19 Gross margin was slightly improved 50 bps YoY and recorded at 35.0%, despite the impact of new sugar tax

operating lease in prominent locations, (ii) boost growth of rental revenue together with increase in efficiency in operating business, (iii) development of high potential properties with innovative and

boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat

driven by the increase mix of Hardline and Food segment which have lower margin as well as pricing promotion to boost sales. Central Retail Corporation Public Company Limited Management discussion and

further significant increase in revenue, as a result of our strategic realignment. VGI is now successfully established in the market as an integrated and increasingly digital media company and is the

the sales of same period of 2017. Mainly resulted from an increase in sales from all of Company’s products especially Discs that was risen 46.78% when compares to Disc plough 2017’s sales. In overall

million baht or 37.11% of the sales of same period of 2018. Mainly resulted from an increase in sales from the product ‘Discs plough’ which was in the K. W. METAL WORK PUBLIC COMPANY LIMITED Head office 259

2019 Depreciation New estimated 2020 Depreciation Change Increase (Decrease) Building 35 45 10 Equipment & Machinery 748 359 (389) Total depreciation per year 783 404 (379) For consolidated financial

Baht 0.40 and 0.83 respectively. The decreased loss is due to the major transactions as follow: 1. The increase of net earned premium in this quarter compared to the same period of last year in the