Company has managed costs of production and product mix efficiently. However, the Company had applied and accounted for expenses from rental contracts according to TFRS 16 – Leases, which affect to net
/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
, performance of Jupiter hotels will be reported under share of gain/loss from investment in joint ventures. 1Q2020 operating performance of Hospitality business Hotel 1Q19 1Q20 Change (%) Self-Managed Hotels
Limited Management Discussion and Analysis 2Q20 2Q20 and 1H20 operating performance of Hospitality business Hotel 2Q19 2Q20 1H19 1H20 Self-Managed Hotels Number of hotel 2 2 2 2 Number of key 297 297 297
managed by ONE Asset Management Limited (the Company’s subsidiary), and an increase in the Company’s sales agent fees from sale of investment units. 1.3 Interest on margin loans The Company’s interest on
managed to reduce raw material costs due to cheaper sources of raw materials imported, but the cost of depreciation of new machines and cost of maintenance have increased. For the year of 2019, the cost of
fund; (10) private fund managed by securities company for investment of investor under (1) to (9) or (11) to (26) or high net worth investor; (11) provident fund; (12) Government Pension Fund; (13
investment units, established and managed by a management company. “Fund supervisor” means the fund supervisor of a closed-end fund. “Office” means the Office of the Securities and Exchange Commission. Clause
units, established and managed by a management company. “Fund supervisor” means the fund supervisor of a closed-end fund. “Office” means the Office of the Securities and Exchange Commission. Clause 2. In