the first time. The economics of scale has already improved and the synergetic effect between both companies will increase throughout 2019 particularly on the fixed cost side. EBITDA in Q1 2018 improved
limited for the rest of 2019. Income tax expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost. 3.2. Assets, Liabilities
from the year 2017. This is because the government expenditure budget focused on the infrastructure and transportation, while the expenditure in information communication technology did not increased
reported EBITDA of THB 923 million, which was lower than previous year by 19% mainly due to the lower profitability of fatty alcohols from lower of feedstock price discount, and additional advisors expense
million baht or 3% from last year. This was as a result of an increase in personal expense by 4% caused by increasing employment of the Company’s subsidiaries, increases in rental cost of the Company’s
constant for the rest of 2019. Income tax expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost. 3.2. Assets, Liabilities
- 0.0% - 0.0% 3.00 0.4% 100.0% 100.0% Advertising income 1.95 0.3% 2.35 0.3% 7.52 0.9% 220.0% 285.6% Total revenue from core business (4 items) 769.13 100.0% 842.14 100.0% 848.81 100.0% 0.8% 10.4% Cost of
from core business (4 items) 714.91 100.0% 832.82 100.0% 842.14 100.0% 1.1% 17.8% Cost of services (535.72) -74.9% (658.51) -79.1% (658.33) -78.2% 0.0% 22.9% Gross profit 179.19 25.1% 174.31 20.9% 183.81
(decreased) 2018 2017 Amount % Total revenues 820.40 815.31 5.09 0.62 Total expenses and finance cost 799.70 782.71 16.99 2.17 Share of profit from investments in associated companies 84.23 10.55 73..68 698.45