discounted pricing and other promotions to attract customers for increase in market share. (2) Pastry and bakery industry have a lot of new players each year result from low barriers to entry due to low start
financial statements due to an appreciation of the Thai Baht from 3Q17. Other Income increased from the share of profit from investment in DREIT and food business, which the company invested in 1Q18. Total
For the first quarter ended 31 March 2018, the Company’s sale revenues were Bt. 24,590.08 million, which decreased 3.00% from last year. The decrease of sales was mainly due to Baht appreciation during
vegetables and fruits decreased 21.29 million baht compared to the same period last year. And another reason that the total sales decreased becaused the baht appreciation compared to the US currency. (Which is
number of increases is less than the number of decreases. As a result, overall export revenue is less. 2. The impact of the appreciation in Thai baht resulted in the Company’s revenue in Thai baht
impact from currencies appreciation as compared to previous year. 3. Selling and Administrative Expenses For the year 2018, the Company’s SG&A expenses were Bt. 4,247.97 million or 3.76% of the total sales
authorized by such persons to have the power to negotiate and determine the details, terms and conditions and other procedures for the benefits of the acquisition of such shares including the entry into shares
Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, Selling and Administrative Expenses: For the three-month period ended 31 March 2019, the cost of