million, decreased by Baht 72 million or 4.0% from Q3’2017, mainly from declining in total green tea market while the company still maintained market leader position, and partly from the fire incident at
in industry situation, the company still maintained the market leader position and partly from the fire incident at UHT production line, which was fully covered by insurance for properties damaged and
of 265 million Baht, decreased by 42% or by 191 million Baht due to the absence of specific business tax and residence transfer expense. In 3Q 2019, the Company had a total finance costs of 219 million
, the Company has continually expanded its business by coinvesting with Real Foods (Pty) Ltd., a leader in South Africa’s healthy food market, to operate a healthy food business in Thailand. In terms of
, FSMART continued to grow dramatically and be able to maintain as the leader of online top-up machines market, both in terms of number of kiosks and total usage amount. Because of the higher competition in
, FSMART (or the “Company”) is still the leader in online top-up kiosk business in both total transaction amount and the number of kiosks, covering all area nationwide. The Company’s key strategy focuses on
improvements in productivity, we achieved a gross profit of 281.47mb (2018: 237.71mb), an increase of 43.76mb or 18.4%. Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at
a v e a ls o improved the gross margin from 44.6% in Q1 2019 to 47.7%. Selling and Administration expense Selling and administration expense (“SG&A”) closed at 28.47mb (Q1 2019: 20.92mb), an increase