from this business was THB 23.37 million, which was similar to the same period of last year. However, during this quarter the gross margin declined from 63.28% to 46.39% as new warehouse/factory

Baht, declined by 205.9 million Baht or 49.4%. Thank to the Company no longer have provision from doubtful debt. The Company’s administrative expenses to revenues stood at 15.6%. Major component of

the supermarkets and retail malls are declined. The ratio of the revenues from the domestic sales and services to the overseas sales and services in 2017 is 78. 3 percent to 11.2 percent respectively

frozen foods, sausages, and moon cakes in the supermarkets and retail malls are declined. The ratio of the revenues from the domestic sales and services to the overseas sales and services in 2017 is 78. 3

sales of restaurants in Cambodia, China , UK and Switzerland declined by 11. 7 percent due to a higher competition in a restaurant business and a continuous economic slowdown in China and UK countries. In

. However, Return on Equity slightly declined from 14% to 13.7% due to lower debt and more reliance on internal operating fund. From the financial risk perspective, debt to equity ratio decreased from 0.5x to

economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 2Q’18 and 1H18, administrative expenses increased at the similar rate

domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore

declined in inventories in the amount of 20.09 million baht or 16.82% of inventories as of December 31, 2017. Due to the fact that customers need was increasing during the first six months of this year

quarter 3 /2017 as the principal of investment declined bringing down the yield. Jan – Sep. 2018 For the first 9-month of 2018, sales increased to THB 620.53 million or 18% from THB 525.24 million in 9