than the peak in Q1 2018 therefore easing somewhat the 2019 cost pressure. The optimization in plant layouts, internal logistics and peak electricity consumption has resulted in cost savings that have

to 4Q/2019, respectively. The ramping up in utilization rate had been an instructive factor to cost savings of the non-carbonated canned energy drink under Carabao brand throughout the year. As a part

target of THB 500 – 800 million through product reformulation, packaging harmonization, raw material cost savings and production efficiency. Osotspa Public Company Limited Management’s Discussion and

in significant initial savings United Kingdom The Company has set up new operation in United Kingdom to expand DEAN & DELUCA. United Kingdom is a key region which has large opportunity for growth. The

market trends and to spur higher Average Order Value (AOV) and improve sales  Renegotiated new freight prices through alternate supplier and packing optimization resulting in significant initial savings

also benefit from 4 recently renovated hotels to drive RevPAR and ADR upwards and on-going organizational restructuring that is expected to yield tangible long-term cost savings. In our office business

, respectively. The ramping up in utilization rate is believed to be an instructive factor to further cost savings of the non-carbonated canned energy drink under Carabao brand throughout the rest of year

savings in Y2020. Selling and administrative expenses (SG&A) level of spending was at 22.8% of sales, slightly higher YoY. SG&A was tightly controlled, particularly spending on A&P to ensure optimum return

hotels in SHR’s portfolio since April 2020, only trivial savings on fixed cost such as land rental fee and depreciation expenses, as well as the fact that the Company could no longer capitalize interest

and The Communication network equipment purchase Project of the Government Savings bank. In terms of total operating expenses in 2020, it decreased in line with the decreased in revenue. However, the