Euro, which resulted in sales in THB terms declining by Bt534 million (Table 1). Cost of Sales and Gross Profit In 2019, the cost of sales was 80%, an increase from 74% in 2018, which resulted in the

7.4% YoY, as a result of declining in core revenue, kiosk improvement to support new business, and fully-depreciated kiosk maintenance. 2) Net profit in FY2019 was Bt584.23mn, increasing 0.2% YoY, as a

expenses of 9.89% year on year was derived from higher employee expenses to support more workloads and more units from business expansion of the Company and its subsidiaries. Table 8: Administrative Expenses

sales revenue stood at THB 877.83 million and THB 765.66 million, dropping 12.78% from declining revenue from overseas. This was a result of the delay in product delivery in China after the Company was

15.3% YoY, as a result of declining in core revenue, kiosk improvement to support new business, and fully-depreciated kiosk maintenance. 2) Net profit in 1Q2020 was Bt126.54mn, decreasing 15.4% YoY, as a

temporally supporting expense to Company’s master agents in COVID-19 situation. Profits 1) Gross profit in 2Q2020 was Bt120.12mn, as a result of declining in core revenue, kiosk improvement to support new

net profit were Baht 45,740.09 million and Baht 3,609.72 million, down by 9.41% and 18.49% respectively. The declining of operating result over last year mainly due to the store closure in both Thailand

Position Analysis 24 4.3 Loans and Deposits 26 4.4 Treasury Operations 30 4.5 Capital Requirements 30 4.6 Credit Ratings 32 5. Operations of Support Groups 34 5.1 Human Resource Management 34 5.2 IT

the Industrial Estate Authority of Thailand (IEAT) on its 52nd anniversary. On this occasion, the SEC also donated to the Ramathibodi Foundation to support patients in need. The donation was received by

their study tour and attending a knowledge sharing session on "SEC Digital Technology Management," which can be applied to enhance work efficiency and support  innovations in the workplace. This event