(with more than 50% control) Controlling structure in reverse takeovers 4 Merged firm Combined value $12.6 mn (63 mn shares x $0.2 Private firm value $ 10 mn (50 mn shares x $0.2) Public firm
activities has been arranged with sales plan improvement and promotion efficiency spending. 3. Selling and administrative expenses Selling and administrative expenses for Y2019 was Baht 465.90 million which
equity, so the marketing activities has been arranged with sales plan improvement and promotion efficiency spending. 95.07% 95.71% 95.53% 4.93% 4.29% 4.47% 3Q18 2Q19 3Q19 Sales Other Income 63.04% 64.71
activities has been arranged with sales plan improvement and promotion efficiency spending and emphasizing FN brand awareness and increasing FN brand equity. 3. Selling and administrative expenses Selling and
revenue increase. As a result, gross margin improved to 33% in this quarter from 28% yoy. This improvement was contributed by the increase of social security payment rate and more revenue contribution from
, respectively. In 4Q’18, the company’s gross margin almost unchanged yoy. For year 2018, gross margin was 31% higher than 30% of year 2017. The improvement in gross margin was contributed by more revenue portion
the income adjustment as mentioned above. For 1H18, gross margin was 31% higher than 28% gross margin of 1H17. This margin improvement was contributed by the increase of social security payment rate and
while related cost was not proportionally decreased. For 9M’18, gross margin ratio was 31% higher than 30% of 9M’17. This margin improvement was contributed by more revenue contribution from non-social
, comprising of 30 planes of AirAsia, the number one low cost airline in Asia, 30 planes of Thai Lion Air and 20 planes of Nok Air. Aero Media has also secured a contract to manage media at Samui airport and
year. However, the Company has concern about the maintaining gross profit margin, so that the marketing activities has been arranged to emphasize FN brand awareness with sales plan improvement and