expenses to revenue ratio was on the back of the expenses related to preparation for the planned listing to the Stock Exchange of Thailand. Administrative expenses In the six-month period ended June 30, 2017
training courses on capital market, obtain advice for going public, and exchange business perspectives with venture capital businesses. In addition, IPO application fee and application fee for listing shares
aggregator for investors’ portfolios, and (2) Enhance domestic institutional investors’ role to increase Thai equity allocation; Attractive Supply: (1) Attract quality listing to drive new growth into
million therefore has a gain on reserve. - Administrative expenses for the year of 2019 increased by 6.34% due to the penalty tax of customs of 2014 and 2015 of Baht 6.33 million, new law changed of long
a financial institution increased by Baht 208.00 million to fund the investment in The Studio Park Project and to reserve as working capital. Also, the account payables declined by Baht 28.34 million
reserve Provision for Obsolete Stock 9.27 million baht Page 2 of 2 2.2) Cost of Real Estate Development increase 49.56 million baht or increase 100% from the Subsidiaries recognize revenue from sell of real
form of legal reserve and dividend payment as follows: - No appropriation to legal reserve as the company’s legal reserve has already reached 10% of the registered capital. - To allocate the profit for
million baht in year 2017, 2018, and 2019 respectively. SG&A ratio is 14.64%, 13.83% and 14.35% for year 2017, 2018, and 2019 respectively. In the year 2019, there are additional reserve for employee
expense in accordance to the change in environmental standard overseas, expense of major maintenance and the provision reserve in accordance to the new accounting policy. For your information. Respectfully
to the company received tax refund of year 2016 from the Revenue Department of Baht 1.57 million therefore has a gain on reserve. - Administrative expenses for the third quarter of 2019 decreased by