Republic of Vietnam in October 2017. Nevertheless, Blue Finix was not able to increase the number of customers to achieve the revenue targeted. The Company considered that such effect may result from the
driven by the TFRS 16 – Lease implementation. Company’s financial position was still strong with the D/E ratio including and excluding TFRS 16 – Lease effect of 2.84 and 1.10 times, respectively which it
growth were mainly from an increasing of average number of registered persons to 175,370 from 163,403 persons yoy, effect of social security payment rate in the first half of this year which has been
Pharma Ltd. took effect as from September 1, 2018). Besides, some expense items decreased by a total of around Baht 14 .5 million in 2019, comprising sales promotion expense, cost of exhibition booth
to be recorded in the income statement and the effect of recording Page 2 of 6 additional compensation rates for employees who have worked consecutively for over 20 years shall be entitled to
products through independent pharmacies, totaling approximately Baht 22.63 million which mounted year-on-year by Baht 19 .4 4 million ( the employment of Zuellig Pharma Ltd. took effect as from September 1
of 2,244.5 million baht, or 15.5% compared on the same period from last year. However, the group had net profit and gross profit attributable higher than last year as shown above which effect to
(+/-) • The 2019 revenue is lower than 2018 because the price per unit is lower than last year and the effect from the exchange rate that lower our revenue in term of Baht. • If comparing between Q3/2019 and Q4
also resulted in a cannibalization effect. Consequently, same store sales growth for HomePro did not meet target. However, in response to the above effects, the Company has organized various activities