individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the

268 million, an increase of 14% YoY. Selling expenses to sales increased to 22.2% from 15.7% in Q3/2017, mainly due to multiple new products launch, e.g. Carbonated Fizza Salty Lemon, HPP (High Pressure

Highlights - FY19 Net profit* was at THB 3,259 million (+8.4% YoY), with net profit* margin of 12.7% (+30 bps YoY), where the improvement mainly came from growth in revenues of core businesses and favorable

improved to 34.5% or +270bps QoQ. Gross profit increased by THB 105 million YoY (or 5.0%) to THB 2,186 million in Q4’18. The big improvement was resulted from Fitness First (cost saving project), which drove

Baht 60 million, loss decreasing from Q4/2018 that recognized net loss Baht 143 million. Greater performance resulted from efficient process improvement as well as selling and administrative expense

. The SEC also encouraged audit firms to prepare for compliance with the International Standard on Quality Management 1 to drive the improvement of the quality control system of audit firms in the capital

performance, please see 2Q 2017 performance analysis. Despite the lower-than-expected recovery of advertising spending during the first half of 2017, the Company expects to see an improvement in advertising

periodically and quite frequently for the operators’ IT system improvement. The details of total revenue are as follows. 1) Income from rendering top-up service for prepaid phone and other online services

a gross profit of 237.71 mb (2017: 192.41 mb), a significant increase of 45.30 mb or 23.5% improvement. The reduction in cost of service also contributed positively to a better gross profit margin at

144.2 Mn in 2017. Liquidity and Capital Structure As of 31 December 2018, the Group had current ratio of 0.32, increase from 0.27 in 2017. This improvement was mainly due to reduction in short-term