from 7.63% in 2018 to be 8.10%. This was derived from our well manage in purchase timing as well as the currency appreciation in this year. Total selling and administrative expenses decreased by Baht
% resulting from the rise in gross profit margin from 6.99% in Q3/2018 to be 8.13%. This was derived from our well manage in purchase timing as well as the currency appreciation in this quarter. Total selling
commercially operational due to the appreciation of the Baht against the U.S. dollar when actual payment was made. 2.4) Finance cost and tax 6M'2016 6M'2017 % change million Baht million Baht % Finance cost
December 2018, mostly from a decrease in investments in joint ventures and an impact of currency translation due to THB appreciation • Net debt to equity ratio as of 31 March 2019 was 0.51 times, an
appreciation of the Thai baht; a decrease in revenue following the news about the closure of Dusit Thani Bangkok Hotel; and a decrease in revenue from the absence of Dusit Princess Korat Hotel, which was
comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for
Million Baht, accounting for 58.60% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract
%. Share of Profit from Investments in Associates from Utility Business was THB (13.5) mm, due to the recognition from Share of Loss from SDWTP which started in November 2019 amounted of THB (14.3) million
, the revenue recognition in Q2–2020 decreased. In terms of total operating expenses in Q2–2020, it decreased in line with the decreased in revenue at a very similar rate when compare to Q1–2020 and Q2
, restaurants or any events • Pop-up store sales in various locations Catering / Pop-up 3 1 Franchise Fee Income 4 • Revenue recognition of initial franchise fee from “After You” Hongkong and “Mikka” and other