operating expenses in Q1–2021 increased from Q1–2020 and decreased from Q4–2020 at a similar rate with an increase or decrease in revenue each quarter, mainly due to the change rate in the cost that increases
under brand Inco, Cheval, Sleep Mate, ETC brand, Non-Apparel under brand Cherish, Prim, Rollica, Cushy, etc. Emphasize FN as a BEDDING DESTINATION with house brands which increases profitability. 2
percent compared to the same period of last year. Increases in such expenses resulted the Company has set aside allowance for doubtful accounts. For debtors who have tracked debt and overdue debt. The
amount increases were mainly driven by the rise in personnel expenses, rental cost, utility cost, merchant fees, maintenance cost, and marketing expense. However, SG&A as a percentage of sales has
brand awareness. Emphasize FN as a BEDDING DESTINATION with house brands which increases profitability. 2. Focusing and developing E-commerce with potential partners 3. Focusing cost-efficiency and
increases in fee income from bancassurance and mutual fund services, and loan-related services as well as an increase in gains on disposal of assets. V2 12/11/62 7 In the first nine months of 2019, non
, increased by THB 8.95 million or up 9.15 percent compared to the same period of last year. Increases in such expenses resulted from rising salesperson and management expenses in order to accommodate the
accordance with lower sales. Gross profit margin decreased from 11.24% in Q3 2020 to 9.34% in Q3 202, mainly caused by lower sales, delayed price adjustment of raw material price increases in our Portugal
, increases in rental cost of the Company’s subsidiaries, as well as a business expansion of the oversea subsidiaries to increase customer base. In terms of proportion to total revenues, operating and