greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, the proportion of take-home products, which have a higher average cost than sit-in products, increased in
; Higher volume from major customers, new model launch, new product launch, new order from overseas customer and management’s effort to diversify into more product range led to higher revenues. Thailand
service was Bt21,950mn, increasing 1.9% YoY from higher network OPEX which following higher electricity cost. However, it decreased -0.4% QoQ mainly from lower cost of cloud for sales in line with lower
to the growth in sales of dessert cafés due to same-store sales growth, corresponding to the increase in the number of dine-in customers and higher sales per bill, as well as the increase in After You
respectively, in relation to the increase in FED interest rate from 0.75% in 2017 to be 1.50% in 2018 and higher cash on hand in US currency compared to that of previous year. - Foreign exchange gains worth 176
same period of a year earlier. The main reasons was the regular increase in sales and administrative expenses while gross margins amount stay flat in the current quarter, despite higher in sales but
MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2018 3.1. Analysis of Q2 and H1 2018 results The key drivers of Q2 2018 performance on the positive side was the higher volumes (due to both market
the gross profit margin of the delivered projects in Q1–2020 is higher than those in Q4–2019 while the total revenue in Q4–2019 is -2- much higher than Q1–2020, therefore its total revenue can cover
integration of acquired businesses, the start of earning recovery in our high-volume Necessities business and our stable but higher-margin HVA business. We delivered record earnings and cash flows and expect