efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency For stores expansion in the second quarter, the company opened 1 new store of HomePro at Charansanitwong
with 1.71%. It resulted from the efficiency of construction cost management, also well administrative expense controlling. On the other hand, revenue of construction contracts is continuing growth that
which are continuing growth. Financial cost Financial cost of the Group consists of long-term loan from a commercial bank to purchase property, plant, and equipment which occurred at the end of 2016, and
. Industry Overview Overall economic activities in the first quarter of 2020 contracted from the prior last year. The Coronavirus disease 2019 (COVID-19) pandemic is continuing to evolve, resulting in an
Services Tax (GST) abolition in 2018. However, the subsidiaries have continuously improved operational efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency
volume starting from end of Q3 2020 and continuing into Q1 2021. Cost of sales and services increased in accordance with higher sales. Gross profit margin increased from 10.15% in Q1 2020 to 12.08% in Q1
has been significantly completed as of 4Q18 • Major renovations comprises 1.) CentralWorld, which has been ongoing in phases since 4Q16, has been significantly re-developed as of 4Q18. At the end of
Sheet but also provides it the necessary resources to pursue its inorganic growth strategy. The net debt to equity ratio has reduced to 0.80 despite acquisitions completed in the first three quarters of