1,730 million. 5. Financial Ratios Profitability Ratios Quarter 2 Change Increase/(Decrease) 2020 2019 Gross Profit Ratio (%) 29.62 27.24 2.38 Operating Profit Ratio before FX (%) 28.63 24.74 3.89 Profit
would like to clarify the change in operating results the year ended December 31, 2018 with details as follows: Unit : million baht Statement of financial position For the year ended 31 December 2018
locations which opened in 2017, partially offset with the decrease of share of profit of associates and joint ventures. Financial Summary for the year ended December 31, 2017 and December 31, 2018 Year Ended
part of the service periods over 1 year. Assets Items that has significant changes Balance by Quarter Change Q3–19 Q4–18 Q3–19 VS Q4–18 (MB) (MB) (MB) Short-term loans from financial institutions 700.0
| www.shotelsresorts.com Page 2 of 9 Discussion of results of operations: Year 2018 and Year 2019 Year 2018 Year 2019 Change THB million % THB million % THB million % Revenue from services 2,575.7 100.0% 3,818.1 100.0
and services income, net 1,275,577 1,130,742 144,835 12.8 Gain on financial instruments measured at fair value through profit or loss 459,381 0 459,381 n.a. Gain on trading and foreign exchange
: Overall Financial Performance Unit: million baht Jan-Jun 2018 % Jan-Jun 2019 % Change % YoY Revenue 254.34 100.0% 273.96 100.0% 19.62 7.7% Cost 144.42 56.8% 147.42 53.8% 3.00 2.1% Gross Profit 109.92 43.2
financial costs compared to the same period last year. Thus, the details of the Company’s performance are explained as follows: Rental and Services Income Rental and service income for the third quarter in
sales and rendering of services (excluding Fuel Cost) 4,861.45 5,267.90 (406.45) (7.7) Revenue from financial leases 2,553.30 3,053.43 (500.13) (16.4) Share of profit of associates and joint ventures