as decrease. If you consider the gross profit, the Group has gross profit increase amount 8.23 million baht or 7.30 per cent from the special order in B2 segment, which order has gross profit as well

resulting, gross profit as decrease from the previous year. However, considering the gross profit of each business in the Group, it was found that the gross profit margin was significantly higher than the

2. Operation performance according to consolidated financial statement For the three-month period (April 1, 2017 – June 30, 2017) Unit : Million Baht 2017 2016 Revenue from sale and rendering of

performance according to consolidated financial statement For the three-month period (April 1, 2019 – June 30, 2019) Unit : Million Baht 2019 2018 Revenue from sales and rendering of services (excluding fuel

on Q1/2018 Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 3 Executive Summary In overall 2017 performance, the Company had significant improvements in various areas such as

fair, efficient and transparent; and the reduction of systemic risk.3 Quality and integrity of the credit rating process CRAs should endeavour to issue opinions that help reduce the asymmetry of

87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654 3323 Summary of Financial Performance Analysis of the Operating

million in 3Q17 and 9M17, respectively. The main drivers were attributable to a decrease in room revenue due to three hotel renovations and an increase in administrative expenses to support business

period of the year 2018. The decrease was primarily due to the performance from joint ventures that invested in UK portfolio. Adjusted EBITDA Adjusted EBITDA increased 9.4% from the year 2018 to THB

statement for year ending December 31, 2018 (1 January – 31 December) for the company and its subsidiaries, detailed as following; Results 2018 Audited Baht 2017 Audited Baht Increase (Decrease) Baht % Total