importance on maintaining food safety and hygiene standard in order to strengthen customer trust and made them come back to our restaurant with confidence. 2/5 Cost of Sales Total cost of sales and services of
- Translation - 25 February 2020 Subject: Management’s Discussion and Analysis for the Operating Results of the Year 2019 Attention: The President of the Stock Exchange of Thailand Exotic Food Public
% ownership of Long Quan Safe Food JSC (LQSF), a major beverage producer in Vietnam. LQSF’s cost competitiveness will enhance the Company’s production base for emerging markets in Southeast Asia, while LQSF’s
. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In Q1/2019, domestic RTD fruit juice market continued to decrease 7% YoY amid the slowdown of overall food and beverage
pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to
, the Company and its subsidiaries recorded total sales of Baht 1,222 million, a decrease of 6% YoY, occurred from a decline in Domestic Branded sales. This decrease was mainly from the food service
million, decreasing from Q2/2018 that recognized net loss Baht 15 million, due to 1) sales shrinkage in CMG and domestic branded sales; 2) higher cost per unit as a result of lower utilization rate; 3
greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, the proportion of take-home products, which have a higher average cost than sit-in products, increased in
sales recognized of Baht 87 million from Long Quan Safe Food JSC (LQSF) a new subsidiary in Vietnam since 27 April 2018 However, domestic CMG grew from both new products and some existing products