year. Administrative expense during the first quarter of 2020 was THB 277.6 mm, which decreased by 5.6%, compared to the same period of last year, mainly due to not having undertaking expense of WHABT
year by Baht 1.27 million and Baht 2 .3 8 million or equivalent to 9.68% and 9 .0 3 % mainly due to decreasing of tourism expense Baht 2.02 million and Baht 3.56 million (because in this year the tourism
quarter of prior year by Baht 1.14 million and Baht 1.24 million or equivalent to 8.23% and 3.08% mainly due to decreasing of tourism expense Baht 0.86 million and Baht 4.42 million (because in this year
million, a decrease of Baht 9.63 million or down by 6.04% due to the lower depreciation expense, which included the impact of adopting the Financial Reporting Standard No.16, as well as the lower utility
other expenses were 2,035 million baht, increased by 112 million baht or 6% y-y due to increase of advertising expense 55% y-y. However, the Company still maintained effective operating cost control with
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
expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost which will reduce in 2020 as long-term loans are repaid. Golden
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
3 months of the current year, the expense has increased due to the expenses and employee’s benefits at the amount of 0.62 million Baht as the severance pay rate has increased when compared to the
60.3mn, an increase of THB 9.3mn, or 18.2% YoY from THB 51.0mn in Q1/2019. It was mainly due to the loan interest expense for the Lofts Silom project was recognized as financial cost after the construction