% 23.5% 23.2% 0.3% Expense to operating income ratio 41.9% 45.8% 44.9% (3.9)% (3.0)% 42.8% 47.8% (5.0)% Return on average assets * 1.06% 1.07% 1.10% (0.01)% (0.04)% 1.09% 1.09% - Return on average equity
: FJD million) 2015 2016 Revenue from operation 42.61 41.14 Operating expense 32.54 31.28 Other revenue 0.77 0.92 Other expenses 1.70 1.65 Page 12 of 18 Depreciation and Amortization 3.28 3.57 EBITDA
2% 60,838 3% 49,981 4% Total income 2,950,802 100% 3,165,036 100% 2,182,063 100% 1,363,246 100% Cost of services 1,983,778 2,209,915 2,000,460 1,347,165 Administrative expenses 795,445 863,492
100.0 Cost of sales and services (858.3) (828.9) (819.3) (818.2) (1.1) (0.1) (3,324.7) (3,415.7) (91.0) (2.7) Cost of construction under a concession arrangement - (68.5) (21.2) (14.9) (6.3) (29.7) (104.6
) Million baht Million baht Million baht % Total revenue 382.22 643.92 (261.70) (40.64) Cost of sales and services 360.55 671.54 (311.00) (46.31) Sales and Administration Expenses and Financial cost 22.67
99.27%. - In 3rd quarter of 2017, no cost of service. Selling expenses The Company and its subsidiaries’ selling expense consist of domestic freight. As of the 3rd quarter of 2018 was THB 1.68 million
. However, in Q2/2019, the company will have to recognize the interest expense and the advisory fee for the acquisition of GLOW, as well as recognizing the employee benefit expenses for the group. For 1H/2019
of intangible asset from the acquisition of GLOW 2. From the second quarter of 2019, the company has changed the classification of operating income and cost of sales resultin g in the operating income
Rama 2. Moreover, effective cost management measures to control operating and administrative expenses are continuously practiced at all levels of the organization. Hence, administrative expense to total