of the government's “Shop Dee Mee Kuen” policy which incentivized consumers to purchase products or services from value-added tax registered businesses. In the second quarter of 2022, sales revenue
growth of the business since 2018 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in net profit ratio (ROS) from 20.41
(loss) for the period (34,287) (110,144) 69% (47,544) -28% 191,233 -118% Margin -6% -18% -10% 22% Profit (loss) for the period attributable to equity holder of the company 6,054 (37,417) 116% (6,923) 187
to higher number of land transfer. Moreover, the gross profit margin for 2019 was 50.7%. These gross margins had accounted for the fair value adjustment of the acquired business according to the
Total Liabilities 597,662 48.1 529,145 46.3 68,517 12.9 533,244 43.4 479,762 42.35 53,482 11.1 Shareholders’ equity 645,901 51.9 613,010 53.7 32,891 5.4 695,488 56.6 653,202 57.65 42,286 6.5 Total
months were 45.9% and 53.2%, respectively. These gross margins had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the
Company can issue the replacement debentures or use a working capital to repay those debentures. Shareholders’ Equity As of February 28, 2021, total shareholders’ equity amounted to 17,380 million baht, a
subsidiaries for the end of March 31, 2018 which has been reviewed by the Company's auditor, the details are as follows. Q1/2017 Q1/2018 Change Million Baht % Million Baht % Value % Sales Income 2,406.6 81.6