cost of sales comparing to Quarter 2 in 2019 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the
the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the six-month period ended 30 June 2019, the Company’s
million in 6M20, decreased by 44.4% YoY. This decrease was from the temporary closure of managed hotels as a result of COVID-19 pandemic. Loss sharing from Investments The Company had loss sharing from
from pre-acquisition level of 35% to 56% by end of 2019. IRSL refinanced its outstanding debt with banks in India and managed to reduce cost of financing for funded long term facility by 8% p.a. and for
to the company managed the inventory level appropriately to reduce storage costs and reduce the burden of working capital. In addition, unbilled income for project work decreased by 33.82 million baht
managed the hotel staff cost by allocating these staff to the new businesses such as Dusit Suite Ratchadamri Bangkok Hotel, Dusit Events (outside catering), Dusit on Demand (housekeeping services) and Baan
Commission and SET 7 2.2 Assets acquisition for Carnival Magic Project Carnival Magic Project is managed by Carnival Magic Company Limited, a subsidiary of Phuket Fantasea Public Company Limited (99.92% of its
due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna
1.84 Baht per common share. 2.4 Profitability Description Unit For the year ending 31 December 2018 2017 Gross Profit Margin % 4.97 7.38 Net Profit (Loss) Margin % 12.63 5.26 Debt to Equity ratio Times