business is generally lower margin than MACO’s core business, net profit margin slightly decreased to 14.4% from 22.9% in 3Q 2017. Nevertheless, we believe that MACO will benefit from economies of scale

: Sales Expenses by Type of Expenses for the nine Months Period Ended 30 September Selling expenses Consolidated financial statements Change Increased/(Decreased) For the nine months period ended September

domestic business due to higher expenses from concession in Transit and Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased

ventures The share of profit from an associate and joint ventures was decreased by THB 66.4 million from the six months ended June 30 , 2018 to THB (50.2) million for the six months ended June 30 , 2019

purchasing power of mid-to-low labor segment. Furthermore, the drought season also decreases incomes of agriculture workforces, and as a result, FSMART (or the “Company”)'s total usage amount decreased

the Financial Reporting Standard No.16: Leases, whereas the interest expense has decreased from the bond repayment in the fourth quarter of 2019. 6. Income tax expenses were Bath 285.60 million, a

, GNET’s revenue has been substantially decreased since the revenue from TV advertisement decreased in the amount of Baht 11.00 million and revenue from TNEWS website advertisement decreased in the amount of

power project in Thailand amounting to THB 0 .91 million. Moreover, SAAM Group’s selling and administrative expenses decreased from a THB 0.59 million decrease in expenses related to the preparation for

Y.2020 our SG&A stood at 63.31 Mb or 16.4% compared to the first 9 months of Y.2019 we recorded SG&A of 45.08Mb or 17.9% an increase of 18.22Mb; compared YOY our SG&A decreased by 1.5% points. This

Equity ratio Time 1.59 1.58 Net Interest Bearing Debt to Equity ratio Time 1.33 1.30 Financial ratio related to the profit decreased due to gains on sale of investments in the third quarter of the year