can not specify the price change with the corresponding changes of cost. Consequently, it affected the profit margin. The Company still has no policy to overstock but to manage the inventory turnover
profit margin as a percentage of sales has increased from 25.51% in previous year to 26.45% due to change in product sales mix of both general merchandise and directly sourced private-label goods, product
and beverages 258.3 35.4% 277.2 36.6% Other operating expenses 293.9 40.3% 306.7 40.5% Costs of Sales and Service 552.2 75.7% 583.9 77.2% Gross Profit (After deduct Costs of foods and beverages) 471.1
hotels. As a result, the total income of both locations has grown compared to 2019. Gross profit from hotel operations Unit For the three-month period ended 30 June 2020 2019 Change Revenues from hotel
continues to be adversely affected by the change in sales mix towards lower gross profit margin products of home appliances such as air conditioners, refrigerators, washing machines and kitchen appliances etc
income and cost of sales resultin g in the operating income until the gross profit being reported differently from the previous periods Operating Highlights in Q3/2019 Q3/18 Q2/192 Q3/19 Change +/(-) 9M/18
subsidiary as of March 31, 2020 was in the amount of 349.97 million baht, increased by 4.94 million baht or 1.43%. The change came from an increase in net profit from the Company’s performance of Quarter 1
(exclude gain on change in shareholders' equity of associates) varied with the normal operating results of the Company. V Profit for the period (Unit: Million Baht) Third quarter 9-month period 2017 2016
| www.shotelsresorts.com Page 2 of 9 Discussion of results of operations: Year 2018 and Year 2019 Year 2018 Year 2019 Change THB million % THB million % THB million % Revenue from services 2,575.7 100.0% 3,818.1 100.0
ended 31st December 2018, Laguna Resorts & Hotels Public Company Limited recorded a net profit of Baht 80 million which was Baht 20 million higher when compared to the year before. Total revenue for the