9M/18 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 11 Cost of Goods Sold and Services (excluding Depreciation and Amortization) Q3/2018 VS Q2/2018 (QoQ) • The cost
result of the Company sold to two major customers. Other Income Other income of the Company and its subsidiaries consists of interest income, gain on asset sales, gain on exchange rate and gain on short
% compared to the gross profit of Baht 67 million for the third quarter of 2017. It was due to loss on obsolete and damaged stocks, loss on inventories destruction and price reduction of products sold for one
model with 55 branches were sold under such models. The royalty fee of 6% and marketing fee of 4% of monthly revenue are considered as income. However, royalty fee of 34 branches will be received after 1
Change % 2019 2018 Change % Cost of real estate sold 1,524 2,509 (985) (39) 4,901 6,433 (1,532) (24) Cost of rentals and services 226 208 18 9 678 601 77 13 Total cost of sales 1,750 2,717 (967) (36) 5,579
appreciate more than the previous year and effected to cost of goods sold was decreased from the last year. Moreover Gross Profit was increased from growth of revenue in current year while fixed cost still
management PAGE 6 and cleaning services which was in line with the increase of successful ownership transfers completed developments and including incomes from deposits (of sold units) due to an increase of
%. Due to the increase in cost of goods sold in line with the increase in recognition of revenues from sales of real estate. 2. Selling expenses, in the period of the second quarter of 2020, amount of
which was equivalent to Baht 80.74 million. The amount was a loss in impairment of the subsidiary’s assets. At the present, the investment in the said subsidiary was sold. In 2019, there were the waste
sales agreement with the customer, there is only one customer in the first half of this year. However, for the second half of the year the Group sold more advertising time due to the subsidiary related to