due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar
than expected improvement projects on the kilns. However, going into H2 variable cost savings will add to EBITDA as we see the impact of lower fuel costs Efforts continue to optimize cost further with
respectively. The share of profit was lower due to higher personal expenses in the current year compared to the previous year. 1.8 Income tax expense For the year ended 31st March 2018, the Company and its
was mainly due to the lower revenues from EMS business and telecommunication business. The Group’s profit for the second quarter of 2018 amounted to Baht 170 million, which was increased by Baht 54
maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average cost of fuel has reduced so Q4 should result in lower variable
increase in sales mix of To Go products, which usually have lower gross profit margin than dine-in products. EDITDA and EDITDA margin • The Company’s EBITDA in Q1/2021 was THB 57 million, decreased by THB 1
starting in Q3–2021 are lower project value. Total operating expenses in Q3-2021 decreased in line with revenue decreases when compare to Q2–2021 and Q3–2020 at a similar rate to the decreased rate in
in Q4-2016 and received in late 2019 led to lower expenses of Q4-2016 than those of other quarters in comparison. Financial Analysis of the company As of March 31, 2017, the Company has financial
, accounted for 0.32% and 0.84% of total revenues respectively. The decrease in financial cost was due to the repayment of the entire amount of loans from bank in January 2017. Tax Expenses Tax expenses for the