beneficial to the Company’s operations. Furthermore, such location is convenient for transportation, which is situated nearby the Company’s business premises. The rent rate of Baht 60 per square meter per
square meter of unit in Veranda Residence Hua Hin is higher than units in Veranda Residence Pattaya that had transferred in the same quarter of the previous year. • Better efficient construction cost
, accumulated amount of 218.4 million. Due to loss from investments in joint ventures which are on pre-construction period and will recognize revenue in the future. IV Finance Costs Comprising interests from bank
567.3 41.8% 798.9 42.7% 231.6 40.8% Finance Cost 76.9 5.7% 133.6 7.2% 56.7 73.8% Net Profit 396.1 29.2% 505.5 27.1% 109.4 27.6% Revenues Analysis In 2018, the Company’s Total Revenues stood at 1,868.7 or
47.63 33.82 13.80 40.82% Selling expenses (5.18) (4.81) 0.37 7.72% Administrative expenses (32.96) (27.30) 5.66 20.74% 5 Finance costs (3.84) (2.64) 1.20 45.57% 6 Profit before income tax 5.64 (0.93) 6.57
5.44 Cost of goods sold 1,408.20 1,242.63 13.32 Temporary shutdown expenses 159.15 173.27 (8.15) Selling expenses 385.33 393.74 (2.14) Administrative expenses 106.36 100.90 5.41 Finance costs 24.07 32.62
% 0.0 0.0% -143.9 -100.0% Administrative Expenses 416.9 39.2% 211.0 15.6% -205.9 -49.4% Operating Profit 421.5 39.6% 567.3 41.8% 145.8 34.6% Finance Cost 84.6 8.0% 76.9 5.7% -7.7 -9.1% Net Profit 290.4
constuction 227.52 399.03 -171.51 -42.98 Cost of services 16.78 23.42 -6.64 -28.35 Cost of sold 0.36 0.00 0.36 Administrative expenses 53.89 105.59 -51.70 -48.96 Finance cost 13.37 14.80 -1.43 -9.66 311.92
(130.08) (100.22) 30.86 30.79% 5 Finance costs (14.29) (9.86) 4.43 44.93% 6 Share of profit (loss) of associates - (20.68) (20.68) (100.00%) Profit before income tax 43.35 28.22 15.13 53.61% Income tax