competitiveness enhancement in both short and long term. Selling and administrative expenses Selling and administrative expenses (including research and development – R&D) in 2018 went up 5.8% from 2017 and keep
customer behavior, and an improvement in the Omni Channel system; this is in parallel with the implementation of health care and safety protocols for both associates and customers, which has seen online
percentage of sales has increased from 24.97% in the previous year to 25.71% due to change in product sales mix of general merchandise and the enhancement of directly sourced private-label goods, as well as
closed Thailand’s first ever green loan for $100 million and €100 million. These are being provided in the forms of positive incentive loans for which the commercial terms are linked to the improvement in
improvement in IVL's ESG rating. With strong foundation and ongoing commitment, IVL is poised for ongoing growth going forward. 1Q 2019 Performance Highlights Production of 3 million tons (+28% YoY; +5% QoQ
), trademark (THB 342 million), building and improvement (THB 54 million) and leasehold improvement (THB 23 million) The consolidated loss of YE 2018 is THB 345 million, increasing by 86% from last year (YE 2017
, the tourism sector and a recovery in exports due to an improvement in the economies of our trading partners. As a result there has been an increase in the purchasing power of consumers in major cities
decreased of beverages sales, which partly offset by reduction of raw materials and packaging cost, and administrative expenses due to efficiency improvement. Oishi Group Financial Performance for six-month
improvement of customer services were well implemented. The Company’s gross profit in the first quarter of 2018 was Baht 163.66 million, increased from Baht 139.31 million in the first of quarter of 2017 or
improvement of products’ spread margin with the reliability of production unit. * Note Please find further information in the consolidated financial statements. 2 Gross profit margin = Gross Profit (Total Sales