expand in the future. Business Operating Results and Profitability Transaction For the Year ended 31st December (Unit: Million Baht) Year Increase (Decrease) 2018 2017 Amount % Total Revenues 575.16 614.82
base by capturing the younger generation. The Company continues to focus on optimizing the profitability of each product segment, such as increasing sales mix of direct sourcing, product assortment
base by capturing the younger generation. The Company continues to focus on optimizing the profitability of each product segment, such as increasing sales mix of direct sourcing, product assortment
of 16.4% year-on-year, from Baht 260 million (after adjust exchange rate gain of Baht 45 million) to Baht 302 million. This improvement is largely attributable to increased earnings from operations
reduce headcount as well as deploy Work-From-Home protocols to mitigate the risk of outbreak. To combat the COVID-19 situation, the Company plans to mitigate the impact on revenue and profitability through
%. SG&A in terms of % to revenue improved from 6.8% in Q1 2021 to 5.8% in Q1 2022. Core operating profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange
may have, or have had in the twelve months immediately preceding the date of registration statement, significant effects on the issuer’s financial position or profitability. D. Business Overview 1
will focus on more premium products to increase profitability, and more mass products to increase sales volume, both in the fruit juice category as well as other categories, which will also help reach
higher earnings from operations. 1.9 Profit Sharing for non-controlling interest of a subsidiary company On Oct 1’ 2010, the company sold partial investment in a subsidiary company to Japanese alliance
COVERAGE 7 KEY FINANCIAL RATIOS 1Q 2018 1Q 2019 31-Dec 2018 31-Mar 2019 Profitability Ratios Liquidity Ratios Gross profit 1 (%) 60.5% 33.7% Current ratio (times) 1.5 1.7 Operating EBITDA (%) 32.3% 15.8