Distribution Expenses Percentage to Operating Revenue *Selling and distribution expenses are expenses at stores, e.g., employee expenses, depreciation, utilities expenses, rental costs, etc. Q4/2019 vs Q3/2019
distribution center, the expansion of the factory and new branches. Short-term Investment As at 31 March 2017, the Group had short-term investment of THB 470.32 million which consisted of investments in
company to establish Vanachai Wood Smith Co., Ltd. which will process a business as the exhibition and product promotion center for Vanachai Group. The distribution will be one stop service for wholesale
million respectively. The increase was from our fully built the new headquarter, training and distribution center plus the expansion of the factory and new branches. Liabilities As at 30 June 2017 and 31
that included the revenue from furniture business by growing 11 percent from domestic sales. At the present, the proportion of domestic sales is 47 percent of total revenue from sale. In addition, other
general characteristics of the transaction: Vanachai Woodsmith Company Limited (subsidiary) has a rental contract on building of Firstwood Company Limited - located at no. 2/1 Wongsawang Road, Wongsawang
27.46%, 1.84 % increase 25.62% 4. Expenses 4.1 Distribution cost In the year 2018, the distribution cost at Baht 24.14 million, decreased Baht 1.99 million or 7.62 % compared to the year 2017 because
from furniture as the core business decreased 7.59 from the previous year. That caused from the management policy of some distribution channels in domestic to enhance the efficiency of expenses. Such
presented in operating revenue table. Gross profit margin for the year 2019 and 2018 as 25.94%, 27.46% decrease 1.52% 4. Expenses 4.1 Distribution cost In the year 2019, the distribution cost at Baht 41.75
high gross profit margin from sale of goods at 42.7%, despite the decrease from 44.2% compared to the same period last year due to lower sales resulted from the store closure. The Company managed