business recovery in 2H20 compared to 1H20 that our hotels, schools, and food outlets have been gradually in re-opening phases across the markets. Our food subsidiary, Epicure Catering, will also reaped
construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at
increase was affected an increase in number of employees that were recruited to support to business expansion. The management expenses also increased by Baht 16.72 million from the Company’s subsidiaries
having highest market share in residential industry, also gained the most popularity in condominium brand in Japan. Thus the opportunity to enter a joint venture to develop condominiums together will
10,520 million THB will be completed and handed over. There is also a plan to launch 12 more projects with the combined value of 17,400 million THB. As of 31 March 2018, the backlog of the Company is 6,900
a gross profit of 237.71 mb (2017: 192.41 mb), a significant increase of 45.30 mb or 23.5% improvement. The reduction in cost of service also contributed positively to a better gross profit margin at
back to the Company. Not only macro factors benefit to the Company, but also the data from the Bank of Thailand support that Gross NPL at the end of 2018 was 439,790 million Baht higher than 14,211
the company increased its flexible packaging production line, in Q2/2017 the revenue from flexible packaging was recognized and the sale on plastic sack also increased. For other income, the company had
especially the reduction in the price of raw material which is the main cost of sales of the Group. We also adjusted selling price since May this year, which causes gross profit margin to increase
, transportation, and registration fees, also increased. The increase in administrative expenses is mainly from employee’s benefit. Selling and administrative expenses for 6 months of 2017 increased by 10.47 million