Hotel Bangkok employee cost and additional post- employment benefit expenses from the new labour protection act effective in 2Q19. Depreciation and amortization expenses were Baht 65 million in 4Q19
Analysis For 4Q19 and FY2019 P a g e | 2 Despite the lower hotel revenue from the closure of Dusit Thani Hotel Bangkok at the beginning of the year with carrying hotel staff cost, the Company reported the
the loan repayment from the joint venture. 3. Decrease in cost of real estate development (net) of THB 908.1 mm, due to land transfer during this year. Nonetheless the Company has further developed in
transfer within December 2019. „ 3rd installment : Payment according to the value of remaining land plots on the date of registration for land ownership transfer within April 2020. …/3 - 3 - The sale of such
buildings sale and purchase agreement with NML. The Company agrees to register the transfer of ownership of the Land and Buildings under this agreement to NML at the authorized land office within 25 December
more efficient marketing by switching towards more cost-effective marketing channels, which decreased from the previous year by THB 3.3 Mn; the main factors for the increase were (1) higher marketing
in everywhere that it will help to ensure in transactions. The service offers a variety of facilities such as check balance, funds transfer, payment of goods and services, fund and insurance
facilities such as check balance, funds transfer, payment of goods and services, finding the location of the nearest branch or ATM machine of the bank etc. under the slogan “LH Bank M Choice is financial
balance, funds transfer, payment of goods and services, finding the location of the nearest branch or ATM machine of the bank etc. under the slogan “LH Bank M Choice is financial transaction in one