, resulted in higher gross profits margin. Proportion of other income to total revenue slightly decreased compared to previous period from a discount given to tenants. The Company emphasizes tenants’ selection
was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold
dine-in areas resulting in higher proportion of take-home products and orders via food delivery services, which have lower margins than dine-in products, as well as the sales of raw material to Mikka
, respectively. In 4Q’18, the company’s gross margin almost unchanged yoy. For year 2018, gross margin was 31% higher than 30% of year 2017. The improvement in gross margin was contributed by more revenue portion
the income adjustment as mentioned above. For 1H18, gross margin was 31% higher than 28% gross margin of 1H17. This margin improvement was contributed by the increase of social security payment rate and
while related cost was not proportionally decreased. For 9M’18, gross margin ratio was 31% higher than 30% of 9M’17. This margin improvement was contributed by more revenue contribution from non-social
from additional investment in machinery to improve production efficiency, reduce production cost, and prepare for increased level of production; 3) lower sales proportion in Branded domestic sales which
firms demonstrated an improvement vis-à-vis the results from the previous inspection cycle. Such improvement was undoubtedly enabled by the formulation of audit firms’ root cause analysis process and
audit quality, training sessions on how to remedy the recurring deficiencies identified in several audit firms. Such efforts to develop audit 02 quality have evidently paid off with the improvement of the
represented 10.6% YOY while non-durable goods, in which high proportion of low to medium-income household expenditure, growth only 0.0% YOY since partly owing to household debt that was still elevated at 78% to