profit is consistent with the increase in the growth of revenue from expansion of business of the company. However, the Gross profit margin has slightly decreased due to cost of program right growth
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 16 Executive Summary CPN’s total revenue and net profit continues to grow according to its business plan
business size, as well as to support future business expansion. The amount also includes administrative expenses associated with GLAND’s operations. Hence, the administrative expenses to total revenue ratio
due to the larger business size to support future business Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 9 of 16 expansion as well as an increase in rental
Thailand. 5. Objectives of the capital increase and plans for utilizing proceeds received from the capital increase The company has objectives of capital increase are utilize on the future business expansion
projects would be from year 2020 onwards. Expansion in Cambodia, the Philippines and Oman B.Grimm has expanded renewable power business to the Philippines through the 6 MW solar rooftop project, to Oman
quarter of 2017, almost of the increase of employees’ expenses that provide for business expansion. The ratio of operating expenses to total operating income is at 43.1%, which is increased when compared to