the year 2019 increased by 144% compared to the same period of 2018. The main reasons were Cost and selling expense increased 7% due to cost of employee benefit expense and cost of event increased
main reasons were Cost and selling expense increased 7% due to cost of employee benefit expense and cost of event increased. Administrative expense decreased 42% due to the Company had restructuring
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
last year as interest rate and the loan balances were lower in the current period. Income tax expense increased by Baht 5 million due mainly to an increase of taxable profit in the current period as
the same period last year as capitalized interest of Cassia 3, Banyan Tree expansion and Banyan Tree Grande Residences projects. Income tax expense increased by Baht 18 million due mainly to gain on
increased 14.30 million baht or 1.18% comparing to the same period last year, mainly from the rise of labour wages and the cost of automation system improvement. 3. Selling and Administrative Expense
expense was equivalent to Baht 3.19 million, it increased by Baht 2.50 million or 78.31%. In this regard, the sale expense increased mainly because of the business of billboard rental service invested by
expenses increased from THB 17.5 Mn to THB 18.9 Mn respectively, an increase of THB 1.4 Mn or 7.9%. This was due to increased interest expense itself due to increased short-term borrowing over the 9 months
cost. Moreover the minimum wage adjustment was increased in 2017. 2. The administrative expense has been increased due to impairment loss on investment which is the available for sale investment since
administrative expense as a percent of sales increased slightly to 13.2% in 1Q20 compared to 12.9% in the same period the previous year. Selling expense increased in line with higher sales. Administrative expense