the more effective management its loans portfolio and government investment incentives make it possible to save more on tax expense. 2. Analysis of Financial Status – in 2017 and 2016 Assets Financial
channel has expanded significantly, as well as effective cost management has resulted in maintaining profit margin at a good level. (2) Analysis of Operating Results and Profitability (2.1) Revenues from
% compared to Bt542.89mn in the previous year, in 4Q18 was Bt141.64mn a decrease of 16.8% YoY due to the Company adding new services and more effective cost management control. 4 Forth Smart Service Public
million and THB 3.19 million, accounted for 0.16% and 1.10% 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
production process more efficient as a result of good cooperation from customers, partners and employees in communicating information to make advance planning that makes cost effective. 3. The consolidated net
distribution channels and use of business strategy, namely “Complete Set of Beauty, Entirely Filled with Diamond Brand”, as well as effective cost management having resulted in Corporate Group achieving highest
increase by Baht 42.70 million or an increase of 11.57 percent from the same period of previous year, due to effective management of production cost and selling expenses. Details of the changes or impacts
percent, due to the fact that every distribution channel has expanded significantly, as well as effective cost management has resulted in maintaining gross profit margin at a good level. (2) Analysis of
) and financial reporting standard no. 9 (TFRS9: Financial Instruments) which impact the following areas: 1) Realized interest income from loans based on the effective interest rate method (EIR) and
adopted the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with Customers ("TFRS15") which was effective on January 1, 2019. In order to comply with the accounting standard