building lease, following an agreement for the development of mix-used project. Shareholders’ Equity As of 30 September 2018, Shareholders’ Equity was THB 6,017 million, an increase of THB 2.3 million from
2019. In December 2018, the Company sold 258,000 ordinary shares (15 %) of investment in associates which were some investments in Suanlum Property Co., Ltd. that related to the future mix-use property
company, while the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and administrative
well as sales mix management in each product category efficiently, and strictly controlled on the selling and administrative expenses. For the six-month period ended June 30, 2018 Jubilee Enterprise
sales of the company, while the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and
million or 14.0 percent as the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and
profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation
well as sales mix management in each product category efficiently. However, the Company still strictly controlled on the selling and administrative expenses. For the twelve-month period ended December 31
to 4.74% in 2019. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of
sales was 1,711.86 million Baht or at 95.29% of revenue from sales which increased from 93.65% of year 2017 due to higher energy costs and product mix. 3. Selling and administrative expenses increased