’ equity. Appropriateness of the Funding Structure In Q3 2018, the Company had total debt to equity ratio of 14.1 times, increasing as compared to 2017 of 13.3 times. The interest-bearing debt to equity
higher electricity costs following to the increasing of sales volume in Chonburi area. Therefore; gross profit margin and net profit margin was down to 45.51% and 25.18% respectively. Return on Equity (ROE
arrangement for the Mixed-use project of THB 492 million, and (2) a decrease in net long-term loan of THB 133 million. Dusit Thani PCL Management Discussion and Analysis 2017 P a g e | 5 Shareholders’ Equity As
reduction of cost of inventories to the net realisable value which is shown as a part of cost of sales by increasing the cost of sales. 2019 2018 Increase (decrease) Million Baht % Million Baht % Million Baht
remuneration, meeting allowance and bonus for non-executive directors totaling Baht 0.97 million in line with the higher number of non-executive directors and the increasing number of meetings; and an increase
number of non-executive directors and the increasing number of meetings; and an increase in expense on hiring of independent specialists such as external auditor, internal auditor, and legal and accounting
. Shareholders’ equity As at 30 September 2017, the Company’s shareholders’ equity was Baht 1,466.89 million, slightly increasing by Baht 1.82 million or 0.12% from 2016, mainly due to the 2017 net profit of Baht
increase of THB 13.1 Mn or 23.2%. This increase was mainly due to the (1) the increased number of franchise branches (2) adjustment increasing the royalty and marketing fee rates for those franchisees
quarter of 2018 was decreased from 26% to 22%. This is because product/service cost mix changed, with the proportion of cost of non-mobile top-up service increasing. Expenses and expenses to revenues from