increase was affected an increase in number of employees that were recruited to support to business expansion. The management expenses also increased by Baht 16.72 million from the Company’s subsidiaries
and its subsidiaries’ advertising and sales promotion expenses compared to year 2015. The specific business tax and transfer fees are in line with the income derived. 4.2 Administrative expenses For the
products, especially products which started selling in 2017 and had full recognition in 2018. The product category with highest revenue increased was facial skincare products with its revenue increased
). Changes in foreign currency exchange rates had a minor impact on the revenue recognition in Thai baht terms in the current quarter (Table 1). To minimize the impact of COVID-19 in the second quarter of 2020
recognition of revenue in Q3/2019. Pop-Up Stores will become the Key Additional Distribution Channel in Q4/2019 As of 30 Sep 2019, there were altogether 38 operating branches in Thailand. According to the
:- Derivative financial instruments are used to manage exposure to foreign exchange and interest rate risks, which are recognized initially at fair value. Subsequent to initial recognition, they are remeasured at
are the largest player. Average prices have continued on an upward trend through Q3 and we expect this to continue into the end of the year. We see increased recognition from the market of the value mix
% in the domestic. A slight drop in the domestic was due to the sluggish demand as major business activities interrupted and curfew measures implemented during late March to June in Thailand to confine
from Yemen and Afghanistan. Export sales to CLMV countries, an existing and large international business base for the Company, increased by THB 526 million or 36.4% mainly due to higher demand from
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track