subsidiary. Net Profits The consolidated profit before non-controlling interest of 3Q’18 increased by 1% yoy. The slight increase of net profit despite high growth of income was primarily due to lower gross
% lower than 2016 6.8% due to revenues from lending business, which has a high margin in Gross Profit level, was decline. Selling and Administrative Expenses The Company incurred selling and administrative
% lower than 2016 6.8% due to revenues from lending business, which has a high margin in Gross Profit level, was decline. Administrative Expenses The Company incurred administrative expenses 211.0 million
, the employee expenses and the provision for penalty on project delay, therefore, the total operating expenses in Q4–2018 was high. While the gross profit margin of the Q1- 2019 increased and also the
as to effectively manage any associated risks and enable the Company to achieve its targeted profit goals due to fact that revenues from managing hotels have a high profit margin. Additionally, the
income tax because high proportion of the increase in profit before income tax expense was derived from subsidiaries’ promoted operations, which were exempt from corporate income tax. Profit for the year
investments in associates and JVs /2 Gross profit including share of profit from investments in associates and JVs During 2017, the Company reported the record-high net profit of THB 3,266.4 mm, which increased
consecutively), with record high revenue of THB 282, an increase by 45.8% YoY and the high quarterly profit of THB 73mn. Consequently, we recorded the biggest annual revenue and profit in the company history in
business generating such a high gross profit margin and more contribution from revenue from Crossroads project Phase 1 of which gross profit margin considered relatively low due to the initial stage of
higher gross profit margin resulted from temporary suspension of SHR’s hotels since April, leaving only high gross profit margin business like residential business and commercial business to be included in