in 2018, the company booked additional accrued bonuses while in the past the company paid compensation to employees only in the form of incentives. Therefore, there were both incentives and accrued
, the company’s gross margin has been widen from 33% of revenue in 1Q’18 to 36% in 1Q’19. The improved margin was not only attributed by the increase of fixed income from social security revenue and
increased by 22% yoy. This increase was driven by both non-social security and social security. Accelerated revenue growth from social security was not only due to the higher number of registered persons
reasons for the decline of cost ratio not only stemmed from the increase of SW income and non-sw income per head but also from the efficient cost management particularly staff cost. Administrative Expenses
ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in December 2017. CPN continues to emphasize on effective revenue
”) in December 2017 (for the first nine months of 2018, CPN reported an increase in total revenue of 16.4% YoY, and an increase in net profit of 8.2% YoY). CPN continues to emphasize on effective revenue
subsidiary (AMARC) showing 18.65% of revenues’ growth compared with last year; whilst with qualified performance to efficiently manage overall costs and expenses to be up only 10.38% from last year even
Administrative expenses. In Q2/2017 the Company recorded only the Baht 0.27 million temporary shutdown expenses in a part of Administrative expenses. In Q2/2017, after moving the production equipment to
. In Q3/2017 the Company recorded only the Baht 0.26 million temporary shutdown expenses in a part of Administrative expenses. After moving the production equipment to Prachinburi plant and utilizing the