café sales and higher income from foreign tourists. In addition, the Company has shown the ability to manage costs efficiently. N E T P R O F I T a n d N E T P R O F I T M A R G I N : Executive S U M M A
for manufacturing costs. However, the Company could manage to reduce the percentage of revenue and cost of sales comparing to the same period last year. Selling and Administrative Expenses For the
of revenue and cost of sales comparing to Quarter 1 in 2018 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative
% Total cost of goods sold and expenses 364.18 373.85 -9.67 -2.59% 3 The overview of costs and expenses of the 1st quarter 2019, the Company could manage the proportion of cost of goods sold, cost of
cost of sales comparing to Quarter 2 in 2019 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the
the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the six-month period ended 30 June 2019, the Company’s
management control of IRSL in April 2019, IRSL operational and financial performance has been improving. IVL has appointed a new management team, including the CEO and CFO, in IRSL to manage and operate the
from interest of trust receipts from the purchase of raw materials. The Company therefore earned net profit in Q3/2019 and year 2018 amounting THB 2.4 MB and THB 1 1 .9 MB respectively. Net profit of the
decrease both in the three-month period and the nine-month period by Baht 2.91 million and Baht 5.96 million respectively, due to more delivery of raw milk to the customers compared to those of the same
19.43 million respectively, due to more delivery of raw milk to the customers compared to those of the same periods last year both in the three-month period and the nine-month period. The increases were