, resulting in the delay in delivery and acceptance of equipment or projects. As the result, the total revenue Q2–2020 was lower than those in other quarters. In terms of total operating expenses in Q3–2020, it
rate of profit was lower than the increased rate of revenue because the gross profit margin in Q3–2019 was lower than the Q3–2018. Consequently, many large-scale projects delivered in Q3–2019 were low
recoverable amount is lower than the carrying amount. In 2018, the consolidated financial statements has recorded loss from impairment of THB 505 million consisting of impairment goodwill (THB 86 million
attributable to the equity holders of the Company decreased by 30.2% from THB 53mn to THB 37mn with a decline of Net profit margin of 5.4% from 19.1% in 1Q 2018. The lower-than-expected net profit’s performance
% as compared to Q1 2018 of 482 million Baht. The significant decrease was mainly due to the transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon in Q1 2019 of 2 residences which lower than
from the lower number of franchise branches opening when compared to the same period of 2018. Item 6-Months Period Ending 30 June 2018 2019 Net Number of New Branches Opened (1) (Branch) (1) 19 Number of
of Thailand is still likely to slowdown from both internal and external factors. It is result in lower purchasing power of consumers, especially in the middle and lower income level. Nevertheless, the
short-term investments decreased. As the growth rate of total revenue was lower than the growth rate of total expenses, then the Net profit attributable to Equity holders of the Company in Q2/2018 and of
residences “The Ritz-Carlton Residences, Bangkok” at MahaNakhon transferred in the Q3 2018 of 4 residences which was lower than the same period last year of 27 residences. The Company’s gross profit from