expenses was mainly due to expenses associated with reservation system and other supporting selling systems. Administrative Expenses The administrative expenses of the Company for the first quarter of year
-month period of 2019, selling expenses were accounted for 7.4 percent and 7.5 percent of total expenses respectively. The majority expenses amount was associated with reservation and additional cost
was mainly from the usage of reservation, advertising and sale promotion and supporting selling system expenses. Administrative Expenses The administrative expenses of the Company for the second quarter
, the Company’s budget is under revision to adjust the revenue target and relevant capital expenditure to reflect the challenging factors. Our key business strategies in 2020 are summarized below. Hotel
our value-driven proposition to our guests and customers, (3) build a performance-based culture for agile organizational sustainability. Currently, the Company’s budget is under revision to adjust the
1 3Q19 MD&A Advanced Info Service Plc. Executive Summary Mobile revenue driven by postpaid price adjustment In 3Q19, the postpaid segment continued its growth as we continued to adjust postpaid price
relation to new excise taxes in effective since 16 September 2017. However, the Company does not adjust the selling price to reflect the higher cost immediately. Instead, the selling price of ready-to-drink
together with the risk level, with an explanation on the risks based on the fund’s risk level, which is between 1 – 8. The management company may adjust the explanation to be consistent with the investment