designated as the operator of the instant and semi-instant food manufacturing and distribution business as well as the supply, manufacturing and distribution of raw materials and food ingredients to various
ordown by15.35 %, but the percentage of gross profit margin changing from 50.78% to 51.88% due mainly to the efficiency of food waste control and raw material purchasing in term of better price and volume
to the efficiency of food waste control and raw material purchasing in term of better price and volume deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016
to the efficiency of food waste control and raw material purchasing in term of better price and volume deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016
/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
material in advance for the Food Business so as to reduce the risk of volatility in the price of food raw materials during the year, together with continued effective management of its borrowings. The Hotels
increased from excise tax and partly offset by cost reduction of raw materials and packaging. Food business Food cost of sales slightly increased from utilities cost in production and partly offset by cost
% ▪ Revenue from Restaurant Business 518.7 80.6% 468.4 77.4% -50.3 -9.7% ▪ Revenue from Sales of Raw Material 37.9 5.9% 34.3 5.7% -3.6 -9.4% ▪ Revenue from Food Delivery & Catering 49.1 7.6% 67.1 11.1% 18.0
stood at 0.64 percent, down from 1.25 percent in the same period last year due to the decline in raw food prices as a result of oversupply. However, the headline inflation remained below the Bank of
Company also bring the investor’s knowledge experiences in the manufacturing and trading Palm Oil as the raw material in the food industry, pet food industry, soap, and biodiesel to support the business