, the profit in Q2–2018 decreased significantly compared to Q2–2017. -2- Operating Results and Capabilities to Make Profit Performance from revenues, costs and expenses which has significant impact in Q2
previous year. Cost of service for operation of Expressway business consisted of costs of toll, amortization of rights to operate completed expressway sectors and compensation for site acquisition cost. For
expenses incurring from legal & advisory fee for the acquisition of subsidiary’s remaining shares Financing Costs In 2Q’18, financing cost increased THB 3.2 million or 275% yoy. This was due to an increase
-69.76 23.02 54.43 -57.71 Financial costs 0.04 0.03 20.59 0.04 -6.82 0.09 0.07 23.19 Income tax expenses 1.24 5.34 -76.82 1.86 -33.49 3.10 10.79 -71.31 Net profit 4.07 20.89 -80.53 15.77 -74.22 19.84 43.57
gross margin 6.62 percent and net loss (9.49) percent of total revenues. Table 2: Overview of costs, expenses and gross profit to revenue. Items Amount (million baht) , % Amount increased (decreased) Q2
Quarter 3 months Change 2018 2017 Amount % Cost of goods sold 210.47 216.62 (6.17) (2.84) Cost of sales 41.00 36.58 4.42 12.07 Administrative expenses 44.11 41.83 2.28 5.45 Financial costs 25.27 16.75 8.52
if the revenue was decreased. As a result, the profit in Q3–2018 decreased significantly compared to Q3–2017. Operating Results and Capabilities to make Profit Performance from revenues, costs and
%. The income from rental and service fee and management fee increases 37.58% and 20.52% respectively. Moreover, in order to sell ready-to-move-in projects, the sales promotion costs (excluding ownership
(EBIT) 1.89 21.68 -91.27 5.34 -64.60 24.91 76.10 -67.27 Financial costs 0.04 0.03 41.94 0.04 7.32 0.13 0.10 29.00 Income tax expenses 0.05 4.26 -98.75 1.24 -95.72 3.15 15.04 -79.07 Net profit 1.80 17.39
subsidiary’s remaining shares in 1Q’18. Financing Costs In 3Q’18, financing cost increased THB 3.3 million yoy. This was due to an increase of bank loans for the acquisition of the remaining shares of the