period last year due to effective cost control mainly from employee expenses, contractor costs, travelling expense and warehouse rental cost. Finance cost The Group had financial costs of 9 million baht

- the ability to expand the gross profit margin through the selection and development of quality products to meet the needs of customers - and also on cost efficiencies. Regarding store expansion in the

45.55 percent. 2  Expenses Cost of Sales The Company and its subsidiaries' cost of sales ratio was decreased from 72.48 percent in Q.2/2019 to 64.09 percent in Q.2/2020. Cost for Rent and Service The

Company and its subsidiaries’ rental income and service revenue earned decrease of Baht 1.18 million or 20.69 percent. 2  Expenses Cost of Sales The Company and its subsidiaries' cost of sales ratio was

, leading to the company optimally determined retail price correspondingly to product cost. However, during this quarter, Inventory Loss was recorded at THB 591 million [including losses on inventories

% of Revenue from sale and service, increased from last year that gross profit margin was 3.56%. This is result from effective inventory management even though the steel price trend decreased same as

Secretary-General said, ?The Capital Market Supervisory Board recently approved the regulations on REIT bond offerings. Expected to become effective soon, the new regulations will provide an alternative

principles for governments to follow in developing their regulatory frameworks, recognising the importance of supervisory, regulatory and enforcement authorities in ensuring effective implementation. Broad

entering the Company’s properties. Page 5 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Additionally, the Company puts an emphasize on efficient cost management to

441.89 million increased from the same period of year 2016 by Baht 59.68 million or 15.61 percent. The major reasons of the increase in revenues from sales were due to the effective sales and marketing