: Independent Power Producer (IPP) 9 Revenue from IPP business decreased qoq mainly due to the following contributing factors: • Revenue from Sriracha Power Plant decreased by THB 11 million primarily from
1Q2018 was THB 519.39 million, dropped by THB 109.99 million or 17.48% down from 1Q2017. Narrow gross profit in 1Q2018 was primarily from lower revenue from sales. The consolidated gross profit margin
”) reported total revenues growth of 49.1% y- y 2018 or THB 678.5 mil., primarily due to business combination consolidated Thai British Security Printing Public Company Limited (“TBSP”) since April 4, 2018
, General and Administrative expenses (“SG&A”) grew by 67.3% YoY from THB 487mn to THB 815mn primarily due to the consolidation of VGM and Trans.ad Group. SG&A to sales ratio decreased from 28.7% to 27.6% in
1 million which is primarily caused by the loss of Talang Development Co., Ltd. offset by gain from gallery operation. For the reasons stated above, the Company's profit in 2019 is higher as compared
market. Cost of Sales Cost of sales for 2Q2017 was THB 3,486 million, an increase of THB 124 million or 3.66% up from 2Q2016 mainly from increasing in sales and production volume primarily on higher sales
, Gross profit margin grew to 58.2% from 55.1% last year. Selling, General and Administrative expenses (“SG&A”) increased slightly by 3.8% YoY from THB 281mn to THB 292mn, primarily due to the consolidation
market competition, and the renovation of Dusit Laguna Phuket and Dusit Thani Pattaya. • Revenue from the overseas hotel declined by 4.2%, compared to 2016, primarily due to the renovation of Dusit Thani
24.38 million or 4.79% up from 1Q2018 primarily from higher revenue from sales. Cost of sales for 1Q2019 contributed of 86.54% of revenue from sales, slightly increased from 86.35% in 1Q2018 while gross
inventories increased by Baht 11.26 million. These were primarily due to prepaid expenses and raw materials for engineering service and trading business. The group’s liabilities increased by Baht 36.58 million