Services Tax (GST) abolition in 2018. However, the subsidiaries have continuously improved operational efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency
increase rate in total operating expenses in Q2- 2023 was slightly higher than the change in total revenue because projects delivered in the 2Q- 2023 has a lower gross margin than projects delivered in Q1
, boosting up margin of the Company Transaction Size The highest value of transaction is based on total value of consideration, equaling 5.67% with reference to the latest audited consolidated financial
reported Total revenues in 2018 of Baht 654.29 million, a 20.95% increase from 2017. Net profit for 2018 increased by 39.82% to Baht 117.21 million from Baht 83.83 million in 2017, with Net profit margin at
% from the same period last year. Essentially, the Company’s gross profit margin significantly increased from 37% in 9M18 to 42% in 9M19, representing higher gross profit margin from Residential business
-term employment benefits of 400 days scheme at 6.20 million Baht and the production capacity is not full efficiency, as resulted decrease in gross profit margin from 7.65 percent for the year of 2018 to
in 2018, with Net profit margin at 17.60% in 2019 compared to 17.91% in 2018. Details of the management discussion and analysis as follow: Income Statements 2019 Operational Performance The Company
underestimation of workload on major projects, which cause the loss at the contract profit margin level. One reason for net loss is because of the lower prices for these projects which were awarded during Q4/2017
-56% Total revenues 229.15 268.08 -38.93 -15% Cost of sales and services 180.27 187.61 -7.34 -4% Gross profit 48.37 79.30 -30.93 -39% Gross profit margin 21% 30% SG&A 49.48 49.34 0.14 0% EBITDA 30.38
Company and its subsidiaries had gross profit margin of 13.53 percent compared with gross profit margin of 13.29 percent in the same period of the previous year. The higher gross margin was due mainly to