economies of scale. 3. Selling and administrative expenses (SG&A) amounted to Baht 3,313.56 million, an decrease of Baht 31.20 million or down by 0.93% as compared with last year. The decreases were mainly
from condominium sales of 380.39 Million Baht, which is increased by 86.98 Million Baht or up by 29.64%. This was mainly due to the Rich @ Sathorn–Taksin Project completion and the condominium unit
, transportation, and registration fees, also increased. The increase in administrative expenses is mainly from employee’s benefit. Selling and administrative expenses for 6 months of 2017 increased by 10.47 million
1st quarter of 2016, administrative expenses were at Baht 25.60 million, decreasing by Baht 5.02 million or a 16.40 percent decrease compared to the 1st quarter of 2015 mainly due to the decrease in
2017 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in inventory mainly fuel and also the impact of an increase in property
from condominium sales of 729.58 Million Baht, increased by 359.61 Million Baht or up by 97.20%. This was mainly due to the Rich @ Sathorn–Taksin Project completion and the condominium unit transfer
. Gross Margin : Lower margin mainly from seaweed price and utilization rate The company’s third-quarter gross margin was 4 3 9 .4 million Baht or 3 1.3 percent of revenue from sales, Decreased by 4.2
gross margin to sales decreased by 3.6 percent mainly from the seaweed cost increase by more than 20% as the quantity of seaweed production in China in the production cycle of the year 2017 decreased by
Multi-Products Fuel Pipeline project (NFPT). 1.2 Expenses 1.2.1 Cost of services In 2018, Cost of services was of Bt1,658.9 million, increased by Bt52.9 million or 3.3%(y-o-y), mainly due to the increase