further cut of estimated international tourist arrivals in 2020 to be approximately 320-640 million, representing 60%-80% drop from 1,460 million in 2019. This revision is much lower than WTO’s previous
million baht which is equivalent to 0.06 baht per share for the third quarter of 2017, compared to a net profit of 85 million baht for the same period in the previous year, representing a total decrease in
million baht which is equivalent to 0.01 baht per share for the first quarter of 2019, compared to a net profit of 19.84 million baht for the same period in the previous year, representing a total decrease
property sales were recognized during the period offset by the lower of cost of sales of holiday club memberships. • Cost of office rental operations decreased by Baht 3 million due to decrease in common
of lower property development operations selling expenses. Administrative expenses decreased by Baht 71 million due mainly to a decrease in staff costs, loss on exchange rate, training & recruitment
the decrease rate in profit was lower than the decrease rate in revenue due to the reversal of provision for doubtful account of the Q4-2016. - 3 - Operating results and ability to make a profit
-2021 is higher than those of Q2-2021. When compare to the decreased rate of cost of sales and services between Q3-2021 and Q3-2020, it found that it decreases at a lower rate than the decrease rate of
, representing a decrease of 369. 4 MB or 17. 7% because in Q2- 2021, the Company has completed and delivered more large projects than the projects delivered in Q2-2022. The total operating expenses in Q2-2022 had
still the fixed costs such as employee salaries, therefore the decreased rate in expense was lower than the decrease rate in revenue. Financial Analysis of the company As of March 31, 2020, the Company