total revenue in Q4/ 2016. The slight decline in gross margin incurred due to the recognition of project with lower gross margin in this quarter. Lastly, net profit is equivalent to 21.94 million THB or
impact from TFRS 15 accounting standard, resulting in lower recognition of share of profit by THB 92.3 mm. However, this is merely accounting impact, not related to cashflow from operation. • Financial
% HMT (Ohio, USA) 4% 4% 5% 4% 5% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 1 percentage points lower at 14% in Q218
result, the revenue of Q2–2020 was lower. In terms of total operating expenses in Q2–2021 increased in line with the increased in revenue at a similar rate comparing to Q2–2021 and Q2–2020. This is because
Reporting Standards 16 Leases (TFRS 16) since 1 January 2020 caused a lower net profit by Baht 6.3 million, mainly due to higher depreciation and interest expenses recognition. The Company has not yet
%) Less intercompany balance (0.2) (0.2) - - Revenue from sales 498 463 35 8% • As a results of downturn in economics condition and lower in tourists, sales revenue of Restaurant and Food Centre reduce. 2.2
low margins since it is selling only hardware yet competitive. As a result, the changes in net profit increased at lower rate than the increase in revenue. Besides, the increase in revenue partly came
2017, the Group has net profit of Baht 272 million, which is decreased by Baht 94 million or 26% compared to the net profit of Baht 366 million for 2016. The decrease is mainly due to the lower gross
starting in Q3–2021 are lower project value. Total operating expenses in Q3-2021 decreased in line with revenue decreases when compare to Q2–2021 and Q3–2020 at a similar rate to the decreased rate in