cost decrease rate was lower than 7% revenue decrease rate. Therefore, the gross margin decreased from 30.4% to 29.6% of revenue. A decrease of gross margin was due to higher depreciation from more
) million or (2%) from Baht 383 million in Q2/2019 to Baht 374 million in Q2/2020. The main decrease was derived from the engineering service. • Overall gross profit margin increased from 9.1% to 15.0% or
administrative expenses of the second quarter of 2020 and 2019 are as follows: Increase / Decrease 2 nd quarter of 2020 % 2 nd quarter of 2019 % MB. % Sales income 7,230.22 100.00% 6,539.03 100.00% 691.19 10.57
corresponding period of the previous year, in compliance with the decrease in revenue from sales and services. Gross profit margin of the first quarter of 2020 was 23.80% of revenue from sales and services
strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets
offset by a decrease in deferred revenue of THB 48mn. Total equity was THB 3,052mn rose by THB 306mn or 11.1%. This was attributed to an increase in premium on shares of THB 308mn which was from the rights
base and higher average selling price compared to other type of store. Although this change in sales and marketing strategy instantly cause an adverse effect in ICUK’s volume sold in UK (cans sold per
opened the first overseas branch in Causeway Bay, Hong Kong, which is another strategy to serve long- term growth and diversify risk. The store has continuously received good response following the
Profit Margin are calculated from Total Revenue 1 Financial PerformanceExecutive Summary Significant Events Management Discussion & Analysis Q4/2022 Source : Trade Policy and Strategy Office (TPSO) 44.6
still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and