respectively. It is a result of the construction cost increased from the previous year, which was in line with the rise of revenue. The Company's gross profit is 10% for three-month period and six-month period
million or 168.71% with a net profit margin of 46.22%, up from 34.87% in the previous corresponding period on the back of a considerable increase in sales and significant increase in gross profit margin
million Baht mainly due to lower electricity generation, comparing to the same period of previous year. This is caused by the floods occurred in July and August 2018. Meanwhile, interest expenses and
or 90.77% when compared to the same period of the year 2017. It is a result of the Company has estimated to reserve cost for preventing damage from construction project from the previous quarter in the
during the year 2018 were less than those of the previous year. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 201# Page 5 =.5 Share of profits of
Million, increased by Baht 14.8 Million or 2.2% from the same period of the previous year of which Baht 690.4 Million was revenue from sales. The Company had successfully recorded a sales growth of Baht
previous year. Therefore from the company's sale revenue and service was decreased, whereas expenses was increased from financial cost and the estimation for doubtful accounts which result to the Company’s
property management fee income. The renewed service fee rate is the same as the rate of previous agreement. However, such service fee shall not include revenues from property assets in GLAND Office Leasehold
and paid-up share capital. 4. Rationale to Enter into The Transaction The renewal of the land rental contract is required since the previous agreement expired. The subsidiary company rents this land for
project with more tightness and the cost control methods had been improved. The company has the cost of sales in the amount 3.13 million baht, compared to the previous year 1.63 million baht, an increase of