last year. Furthermore, the early rainy season has adversely affected the sales of cooling items, and the opening of new stores in the vicinity of existing stores in Bangkok at Rama 9 and Srinakarin has
two stores of HomePro Living to stores of HomePro S: at The Paseo Ladkrabang, and at the Korat store in the Terminal 21 shopping center in Nakorn Ratchasima province. These HomePro S’s remodeled stores
enhance operational efficiency in supply chain, operational cost management, product selection and quality control. During 2019, HomePro opened 2 new HomePro stores at Charansanitwong and Mukdahan, 1
opened several new stores that further contributed to the growth in revenue from sale of goods. The new stores in 2019 were Index Living Mall Chaiyapruek (opened in Jan 19), Index Living Mall Chanthaburi
closure of additional four Dean & DeLuca stores in the US. The total gross profits margin for the food and beverage business for 3Q 2019 was 47% as compared to 3Q 2018 of 53%. The Company’s total expenses
with plan, even though some stores in Bangkok are still affected by the construction of mass transit projects. The extended period of hot weather in many areas during April and May, where temperatures
stores in the fourth quarter, mainly in Bangkok. Therefore, the numbers of stores by the end of the third quarter for all formats are as follows: (1) HomePro: 82 stores (2) HomePro S: 6 stores (3) Mega
stores in Bangkok continue to be affected by construction work for the mass transit system. In addition, the company has organized various promotional activities, such as the HomePro Expo during 15-24
compared to the Q2 2018 of 127 million Baht. This was due to closure of two stores in the United States and in Thailand and also decrease in the sales of merchandise, gourmet food and beverage in the United