26.98% to 26.72 % as a result of the changing sales mix that each product line contributed to total sales. Table 4: Cost of Goods Sold by Type of Expenses for the Three Months Period Ended 31 March (YoY

are the largest player. Average prices have continued on an upward trend through Q3 and we expect this to continue into the end of the year. We see increased recognition from the market of the value mix

production costs. Additionally, the increase in cost of goods sold to sales revenue ratio was derived from changes in sales mix of different product lines. Table 6: Cost of Goods Sold by Type of Expenses for

requirement to work or study from home. In terms of competition, many operators offered discounted packages to acquire and retain their customers driving the entry price plan to Bt299 from previously Bt399

from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the

company, while the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and administrative

well as sales mix management in each product category efficiently, and strictly controlled on the selling and administrative expenses. For the six-month period ended June 30, 2018 Jubilee Enterprise

Esthetics under Trademark “Wuttisak” Attn. to: President The Stock Exchange of Thailand Refer to: Letter of FVC Ref. No. SET-2560-025 “Transaction to Acquire Franchise Wuttisak 25 Branches from Total 113

รายงานการประชุมคณะกรรมการตรวจสอบ ครั้งที่ 4/2548 Ref.: SET-2018-002 February 9, 2018 Subject: Signing on the Franchise Agreement; and the Agreement to Acquire and Dispose Assets of “Wuttisak Clinic

revenue: average prices have resumed an upward trend having fluctuated somewhat over the quarter due to product mix impact. This upward trend is set to continue as input prices such as fuel rise. Saraburi