mainly indirect staff costs, office rental and depreciation & amortization. The decrease in SG&A is mainly attributed to lower office rental where the Company has entered into a long-term building lease
from Operating Activities Cash from operating activities was Baht 601.7 million. The main components were (i) deposits received from sales of investment in subsidiary, (ii) decrease in trade and other
due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of 2019 and the smoke pollution crisis in
16.50% compared to the revenue of 2018, mainly due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of
equivalents of Baht 310.20 million derived from initial public offering ( IPO) of newly issued shares and an increase in trade and other receivables of Baht 24.08 million, with a decrease in inventories of Baht
and other receivables of Baht 24.08 million, with a decrease in inventories of Baht 3.81 million. Liabilities Total liabilities of the Company and its subsidiaries were Baht 60 .1 3 million as at
an increase in trade and other receivables of Baht 24.08 million, with a decrease in inventories of Baht 3.81 million. Liabilities Total liabilities of the Company and its subsidiaries were Baht 60 .1
equipment dropped by 38.46% QoQ due to decrease in demand on products. Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold Cost to revenue from
The decrease in account payable Quick Ratio (x) 1.68 1.93 (0.25) The decrease in cash and cash equivalents used for operating activities Return on Equity (%) 0.84 1.89 (1.05) Decrease in performance
net profit in Q2/2019 of 28.2 MB with decrease of 7.0 MB or 20.1 percent, when compared to Q2/2018 (net profit in Q2/2019 of 35.3 MB) as following results: Revenue The Company and its subsidiaries had