Dusit Princess Srinakarin while the overseas hotels showed an increase of revenue as well as additional revenue recognition from Elite Havens which Company invested in late 2018 and also revenue from
the following factors. • Full year recognition of operating and depreciation costs of new and renovated projects in 2016, namely CentralPlaza Nakhon Si Thammarat, CentralMarina and CentralPlaza Pinklao
was due to the termination of the programmed co-production agreement before the due date and no revenue recognition from other business, which was under the consideration of the investment information
company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s
, which was adjusted upward from the 4.3%, due to the stronger growth during 1H/2018. The key drivers were the export and tourism, whereby the local expenditure was driven by household consumption and
recognition from commercial building which had higher gross profit margin. Selling & Administration expenses The Company and its subsidiaries had SG&A for the first quarter ended March 31, 2019 amounting to
same period in 2017 of THB 117.35 million by THB 11.92 million or 10.16% mainly due to higher revenues from HR solutions. HR Solutions grew by THB 15.13 million or 16.70% resulting from the recognition
HR solutions. HR solutions grew by THB 26.27 million or 15.04% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, moderate growth in
million. Since the Board of Directors and management had doubts concerning the recognition of advertising revenue during 2017 and previous years. In this respect, the directors and management of the Company