. • However, gross profit margin in Q3/2019 dropped by 3.7% from Q3/2018 and by 2.7% from 9M/2018. • The decrease in gross profit margin was mainly from the higher take-home product sales, which usually have
increase of take-home products and higher orders through food delivery services, which usually have lower gross profit margin than products served on-site as a result of higher packaging cost. EDITDA and
the temporary closure of some branches in areas and the higher proportion of take-home products and orders via food delivery services, which have lower margins due to higher packaging costs. In addition
information 3.1 Nature of business operations The Company has been providing Out of Home media (“OOH media”) as the leading media advertising company. The Company has effectively connected brands and product’s
exchange and is expected to be completed within Q3/2018 for the new CCPH shareholder structure by officially transferred the KPPH’s assets, liabilities, and equity as a whole to CCPH subject to the
take-home or delivery services only. The Group placed importance on maintaining continuity in providing efficient services to our customers and therefore the Group focused on improving the efficiency of
work from home, resulting in reduced operating costs for many items, such as employee training fees, which have been changed to online training, which has resulted in lower costs. In addition, the
greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, the proportion of take-home products, which have a higher average cost than sit-in products, increased in
dine-in areas resulting in higher proportion of take-home products and orders via food delivery services, which have lower margins than dine-in products, as well as the sales of raw material to Mikka