ratio for year 2015 was decreased by 17.02 percent due to the Company had higher cost of construction. 4. Expense 4.1 Selling Expenses For year 2015, the selling expenses was decreased by Baht 6.09
decrease was mainly due to the lower revenue from enterprise solution business. The Group’s profit for the third quarter of 2019 amounted to Baht 112 million, which was decreased by Baht 25 million or an
decrease compared to the nine-month period of 2015 mainly due to the decrease in salary, employment welfare, fees and other administrative expenses. The Company reversed doubtful debts in the amount of Baht
) Distribution costs 7.75 6.26 1.49 0.24 Administrative expenses 22.26 21.25 1.01 0.05 Doubtful accounts 0.66 0.24 0.42 1.75 Impairment loss of deposit for land - 40.50 (40.50 ) (1.00 ) Loss on cancel of joint
- Doubtful debts from the void contract (320) - (320) Finance cost 6 4 2 Net profit (293) 31 (324) In overall, the Company and its subsidiaries have a net loss in Q2/2017 of 293 MB by decreasing 324 MB or
-20.0% Doubtful debts from the voiding of contract 320 - 100.0% Finance cost 21 19 9.5% Net profit -236 113 308.5% In overall, the Company and its subsidiaries have a net profit in the year 2017 of -236
shown below: (Unit : Million Baht) 2017 2016 Change Revenue 837 849 -1.4% Gross profit margin 293 342 -14.3% Selling Expenses 80 96 -16.7% Doubtful debts from the voiding of contract 320 - 100.0% Finance
Total other income (3) 10.59 8.47 2.12 25.03 Administrative expenses 75.51 76.74 (1.23) 1.59 Bad debt and doubtful accounts (reversal) 16.17 (2.27) 18.44 (812.33) Total expenses (4) 91.68 74.47 17.21
the change in revenue. The change in revenue from sales and services was 23.9%, while the change in administrative expenses was 43.0%, due that there was a reversal of doubtful accounts for receivables
. Net Profit decreased by 24% to THB 1,805m in 2019 from THB 2,375m in 2018 due to lower operating profits more than offsetting an increase in exchange gain of THB 319m in 2019. Past Performance Analysis