Translation CEN 016-2020 August 14, 2020 Subject Management Discussion and Analysis for business operation of Quarter 2/2020 To The Manager and President The Stock Exchange of Thailand Capital
from 2018, resulted from the increase in the gross profit and the decrease in the selling expenses and administrative expenses from the previous year. Financial Positions Assets As at 31 December 2018
Directors approved to establish U-tapao International Aviation Co., Ltd., for airport development project in the future. The registered capital is 4,500 million baht. The Company holds 45.0 percent of shares
Sales 9,643.6 10,351.4 9,933.1 Gross margin, (%) 20.3% 26.0% 30.0% Selling &Administration 1,612.8 1,804.3 1,817.6 Net Profit 934.5 2,014.9 -53.6% 2,544.5 -20.8% 7.7% 14.4% 17.9% The year 2019 continued
low margins since it is selling only hardware yet competitive. As a result, the changes in net profit increased at lower rate than the increase in revenue. Besides, the increase in revenue partly came
proportion by the end of April 2019, Jaymart had exercised the right according to its shareholding proportion to the capital increase which made the Company's proportion of Singer increased to 30.3 percent
total revenue), comprising of: (1) selling expenses of 346 million Baht, decreased by 59% as compared to the same period of last year of 494 million Baht, (2) administrative expenses of 515 million Baht
million Baht as compared to the same period of last year of 201 million Baht as a result of impairment of fixed asset and provision regarding closure of four stores of 304 million Baht. (2) selling expenses
-6.0% Costs of sales of goods and services 362.4 56.3% 298.2 49.3% -64.2 -17.7% Selling expenses 215.7 33.5% 174.6 28.9% -41.0 -19.0% Administrative expenses 112.0 17.4% 95.1 15.7% -17.0 -15.2% Total