reduction is mainly due to improved productivity. We are on track to improve our gross and net profits by ensuring that any increase in our costs is lower than our growth in sales. Gross Profit As a result of
, and environment. The Q3 /2020 is the period that the Company has boost the productivity since the Company can utilize new warehouse space after raising fund from initial public offering. Additionally
improvements in productivity, we achieved a gross profit of 281.47mb (2018: 237.71mb), an increase of 43.76mb or 18.4%. Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at
224.69 34.74 Gross margin increased by 728 basis point from 34.74% to 42.02%. Gross margin in HR Solution improved by 709 basis point from 37.15% to 44.24% attributing to higher productivity and
the GDP; (2) Lack money management skills; (3) Lack ability to drive the country productivity growth as aging society is approaching; (4) Lack retirement savings resulted from insufficient savings and
have booked in late 2017 and hence limited our ability to generate more license sales in 2018. Cost of Service Despite an 8.5% increase in revenue, our cost of service decreased by 4.44 mb or 1.5 % to
overall improvements in productivity, we achieved a gross profit of 202.75mb ( Q3 2018: 163.17mb), an increase of 39.58mb or 24.3%. Selling and Administration expense Selling and administration expense (“SG
outlets such as decreasing personnel expenses with increasing productivity, installation of solar rooftop. 4. Net profit (loss) and net profit (loss) margin For Q120 net profits was Baht 7.37 million which
in order to increase sales, in the meantime focus on control system and reduce expenses to conform actual incomes which decreased. Performance Analysis Unit : MB For the quarterly Change For the six
productivity both in short and long term. As a results of the above reasons, gross margin has reduced to 21.8%, dropped from 26.5% and 24.4% from the same quarter of last year and last quarter respectively