million recorded during the same period of last year, or an increase of THB 214.66 million or 43.2% when comparing to the first quarter of this year. With the aim of improving their liquidity, all

planned to boost domestic sales, develop new products and to enhance measures of waste reduction from the manufacturing process, expecting to help increase in net profit margin in the next quarter. u?u-u

billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid

to maintain profitability through effective marketing to boost sales, while increasing efficiency in the management of raw material costs and other expenses. Nonetheless, from the aforementioned

revenue, profit and profit margin. Thus, the company planned to boost domestic sales and to enhance measures of waste reduction from the manufacturing process, expecting to help increase in net profit

international market and increase of agent commissions as selling through agents was higher. Net profit and Net profit margin For the three-month period ended 31 March 2019, the Company’s Net Profit was 2.89

more than its target, which reflected in 2019 gross margin increase by 250 bps YoY to 34.9%. Q4’19 Gross margin was slightly improved 50 bps YoY and recorded at 35.0%, despite the impact of new sugar tax

operating lease in prominent locations, (ii) boost growth of rental revenue together with increase in efficiency in operating business, (iii) development of high potential properties with innovative and

boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat

driven by the increase mix of Hardline and Food segment which have lower margin as well as pricing promotion to boost sales. Central Retail Corporation Public Company Limited Management discussion and