0107538000151 Thailand W www.wiik‐hoeglund.com 6 . Incom e tax expense increased from the quarter 3/2016 in amount of 4.99 million Baht as the Company had taxable profit and had to recognized tax expenses
, Because of specific business tax, transfer fee and selling expenses were increased. The Company and its subsidiaries' administrative expenses amounting to THB 170.22 million, decrease of THB 0.90 million
, or 9.40 percent from the year 2017, Because of specific business tax, transfer fee and selling expenses were increased. The Company and its subsidiaries' administrative expenses amounting to THB 174.85
due largely to the property tax income of Thai Wah Tower. Total expenses decreased by Baht 193 million as compared to the same period last year which is generally caused by the following: Cost of
% Corporate income tax -1 -2 1 -21% 0 0 0 -0% Earnings (Loss) for the Period -88 3 -91 3,259% -63 -6 -57 904% Non controlling interest -1 0 -1 782% 0 0 0 0% Net Earnings (Loss) -87 3 -90 3,327% -63 -6 -57 904
cancellations. Revenue from office rental operations which includes retail leasing decreased by Baht 5 million due largely to the property tax reimbursement of Thai Wah Tower 1 which is charged in the 1st
income tax -8 -10 2 -20% -7 -8 1 -13% Earnings (Loss) for the Period -50 39 -89 -228% -29 37 -66 -178% Non controlling interest - 1 -1 -100% - - - - Net Earnings (Loss) -50 38 -88 -232% -29 37 -66 -178
, the major reasons are specific business tax, transfer fee and promotion expenses. The Company and its subsidiaries' administrative expenses amounting to Baht 39.50 million decreased of Baht 5.85 million
, decreased by 2 million Baht. Income Tax Income tax of Q2/2018 amount (0.06) million Baht decreased by 1 million (197%). The corporate income tax rate at 20% is the same as last year. Profit For the year Q2
Revenues 323.89 354.34 (8.68) Total Expenses 318.60 335.68 (5.09) Finance Costs 5.23 5.90 (11.36) Profit before Income Tax Expenses 2.62 15.24 (82.81) Income Tax Expensed 1.75 (2.76) 4.51 Net Profit 4.37