Period (Day) 58 58 66 CASH CYCLE (Day) 9 14 18 PROFITABILITY RATIO Gross Profit Margin (%) 8.57 7.82 10.37 Net Profit Margin (%) 4.61 3.56 5.94 Return on Equity (%) 6.03 5.01 8.05 EFFICIENCY RATIO Return
represented gross profit margin of 29.7%, a decline from 34.4% in Q3/2016 as a result of higher cost per unit due to lower utilization. However, gross profit margin improved QoQ from 27.6% in Q2/2017 due to
respectively, and the gross profit margin is 19.11 per cent and 26.34 per cent respectively. Which the gross profit has decreased from new business that started operation in 2018, and the cost of sales on sales
high profit margin and also from effective marketing policy. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2018 Year 2017 Increase
Sales 1,205 1,500 -20% 3,892 4,384 -11% Cost of Goods Sold 956 1,054 -9% 2,976 3,087 -4% Gross Profit 249 446 -44% 917 1,297 -29% %Gross Profit Margin 20.7% 29.7% 23.6% 29.6% Selling Expenses 268 235 +14
profit margin 43.65% 42.10% 2. Advertising and Media Business Revenue from services 0.81 3.71 2.90 358.02% Cost of services 3.85 9.54 5.69 147.79% Gross profit of advertising and media business (3.04
43.7% The gross profit margin decreased from 47.8% in the 2nd quarter of 2019 to 41.4% in the same period of 2020. Selling Expenses (1) In the 2nd quarter of 2019 and 2020, selling expenses decreased
gross profit margin during the year 2017 was very low. As a result, the increase in total operating expense was higher than those in Q4- 2016. In Q4-2017, the profit of the Company was lower than the
reasons were an increasing of new collector, commission from debt collection, postage expenses and legal expenses incurred from litigation process. While, the Company’s gross profit margin stood at 57.6