%, 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
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
transaction is lower than 15 percent, it falls under the approval authority of the Board of Directors of the Company and the Company is not required to prepare and disclose the information memorandum to the
three months ending 31 March 2018 to THB -11.8 Mn in the same period of 2019, an increase of THB 11.5 Mn. This was mainly due to lower purchase of fixed assets in 2019 compared to 2018. Net Cash from
competition is severe. However, the Company is rated A- by Tris Rating Co., Ltd. Consequently, the Company is able to save costs from lower interest rates when raising funds from financial institutions or
accordance with the decrease in revenues. However, due to the units in Veranda Residence Pattaya had transferred during this current quarter the average selling price per square meter is lower than the same
company’s repayment which subsequently result in lower financial cost. Net profit The Company's net profit for the three-month period of 2018 was 205.78 million Baht or 20.61% of total revenue. The net profit
price was lower. This was effecting in decreased in number of shareholders’ equity by Baht 168.17 million. The operating result of the Company and its subsidiaries in the first half of 2018 showing a loss
transaction is considered as a disposal of assets with the value of lower than 15% and the Company, therefore, will not subject to the obligation to comply with the Acquisition and Disposal of Assets
2019 which is reduce by 1.55 million baht or reduce by 87.57% the reasons behind the slightly loss in gross margin in Q1, 2020 are lower sales and production of plastic woven bags that create higher cost