reduction of raw materials. Selling Expenses Selling expenses of Q3’2018 was Baht 390 million, decreased by Baht 24 million or 5.8% from Q3’2017, mainly from increased efficiency of advertising and
by 1.7% or Baht 113 million from the fiscal year 2017. Although overall Thailand economic was still stagnant, the company performed better than market by new restaurant outlets expansion. Cost of Sales
overall performance of the subsidiaries has been uplifted by operational efficiency improvements in various areas. In order to meet consumers’ expectations, the company continued to embrace the need to
remained sluggish, due to weak purchasing power and the lack of any specific measures from the government. In the second half of 2017, the economy moved in a positive direction driven by industrial expansion
purchased accounts receivables was 867.7 million baht or an increase 176.1 million baht or an increase 25.5% from the same period last year. This was as a result of the Company collection efficiency increase
cost. 3) Selling and Administration Expenses Selling and administration expenses decreased by Baht 11.4 million, or 6.5% from Q2/2016, as a result of improved efficiency in cost and expenses control. 4
organization to a business unit. The digital transformed will also be achieved to improve the operational process to be flexible and increase the efficiency of expense management and operational costs. The 4
between the US and China, and the global economic slowdown. The economic forecast for 2019 is for the country to continue to grow at a slower rate than prior year; the expansion of consumption is expected
efficiency programs. Cash CAPEX is expected to slow down YoY to a range of Bt35-38bn and will be spent mainly on 4G network and fixed broadband expansion in last miles. We maintain the dividend policy to pay
Services Tax (GST) abolition in 2018. However, the subsidiaries have continuously improved operational efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency