targets to increase its income from rental and service fees from expanding rental areas in existing branches and new outlets in the future. 2. Cost of goods sold and gross profit The Company arranged more
last year. Furthermore, the early rainy season has adversely affected the sales of cooling items, and the opening of new stores in the vicinity of existing stores in Bangkok at Rama 9 and Srinakarin has
, the Company has expanded new channels especially e-commerce through owned official platforms, Facebook: FN Outlet, Line Official Account: @fnoutlet as well as other marketplaces e.g. Shopee, Lazada etc
decreased in Baht terms due to the Baht’s continued to strengthening against the USD in the period (Table 1, Y-o-Y effect of change in FX rates on sales was Bt214 million). USD Sales reached a new high of
274.90 -0.10 549.51 529.72 3.74 Cost of goods sold 154.23 133.04 15.93 151.91 1.53 306.13 279.60 9.49 Selling expenses and administrative expenses 115.04 103.96 10.66 105.32 9.23 220.36 195.70 12.60
more than its target, which reflected in 2019 gross margin increase by 250 bps YoY to 34.9%. Q4’19 Gross margin was slightly improved 50 bps YoY and recorded at 35.0%, despite the impact of new sugar tax
goods sold to sales increased to 86.2% from 75.2% in Q2/2018, mainly due to financial statement adjustment in accordance with new Thai accounting standards, and higher cost per unit as a result of lower
1Q17. The sales growth Y-o-Y was adversely impacted by 1) the THB's strengthening against the USD and EUR in the period, with the effect being about 2.7% on sales and 2) new selling prices that took
-o-Q by 1.7% from 2Q17. The sales growth Y-o-Y was adversely impacted by 1) the THB's strengthening against the USD in the period, with the effect being about 3.0% on sales and 2) new selling prices