period ended June increase of 14% are mainly from increase in sales, COGs and stock control, and wel-managed in administrative expenses. • Administrative expense for 3-month period ended June reduced
) Plc., reduced quite a number of our service staffs attributed to the shutdown of the customer sites during the spread over of the pandemic, COVID-19. Revenue from Consulting Service and Implementation
thus significantly reduced the cost of sales and administrative expenses . Overall gross profit margin improved to 42.3% from 30.7% in 2018 Selling and Administration expenses The Company recorded
percentage of sales was marginally reduced from 18.63% in the previous year to 17.89%. This resulted from the tighter cost control. The amount decreased were mainly by personnel expenses, utility expenses and
restructuring plan. For the first quarter of 2020, even though MK’s financial results decreased, the 5-year plan adopted by the Company reduced the impact of the economic slowdown and amid the COVID-19 pandemic
reduced sales especially the sudden reduction of marketing expenses as well as reducing rental fees throughout the country in relation to people not going out. Net profit In 1Q20, net profit amounted to
Home” policy and lay down necessary measures to guarantee work efficiency. Impact on liquidity and appropriate Capital Structure Due to the ongoing COVID-19 situation had effect to reduced income
domestic, with the concerns on Covid-19 situation, hotels, restaurants, and B2B customers faced reduced demand from the market, causing decrement in domestic sales by 35.7%. The Company reported gain from
because the Company repaid some portion of short-term. As a result, the financing cost was reduced. Corporate Income Tax The Company’s corporate income tax for the 6-month period ended 30 June 2019 totaled
was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported and the reduced energy. For the three-month period ended 30 September 2019, the selling