equivalent to effective tax rate of 17.79% and 18.45%, respectively. Lower percentage in 2017 than 2016 was because the Group utilized the tax privilege for investment in assets according to the Royal Decree
sales revenue and lower depreciation expense. Operating Profit Analysis The Operating profit margin increased by 1 percentage point to 11% in 2017 from 10% in 2016. SG&A expenses increased by 4% [THB 52
baht or three percent of the net asset value of the mutual fund, whatever lower, the mutual fund management company shall request for a resolution from the unitholders in accordance with the following
-month period exceed a hundred million baht or three percent of the net asset value of the mutual fund, whatever lower, the mutual fund management company shall request for a resolution from the
%, due to the efficiency project cost management together with reduced actual cost lower than budget costs. The Group’s net profit of 2018 was 55.69 Million Baht, or net profit margin of 4.01%, higher than
income in 2018 was Bt52.3 million, decreasing by 11.2%(y-o-y) since lower interest income as the investment in short-term Government bonds have been reduced due to the proceed of investment in the Northern
accommodate the Company’s operations and work expansion in the future. In this regard, the purchase prices of the land are lower than the market prices appraised by the independent appraiser, i.e., Thai
from THB -206.4 Mn in 2017 to THB -121.2 Mn in 2018, an increase of THB 85.2 Mn. This was mainly due to (1) purchase of intangible assets relating to the Japanese brand “Sushi Cyu” in 2017 and (2) lower
in next projects, and to accommodate the Company’s operations and work expansion in the future. In this regard, the purchase prices of the land are lower than the market prices appraised by the