the gross profit margin of the delivered projects in Q1–2020 is higher than those in Q4–2019 while the total revenue in Q4–2019 is -2- much higher than Q1–2020, therefore its total revenue can cover
Website: www.aapico.com Management Discussion and Analysis for the 1st quarter of year 2024 4 environment, we reported a satisfactory performance in 2023 with revenue and core net profit of Baht 30,389.5
and gross profit to revenue. Items Amount (million baht) , % Amount increased (decreased) Q2/2019 Percent Q2/2018 Percent Million Baht Percent 1 Total revenues 268.56 100.00 373.21 100.00 (104.65
was gross margin 4.90 percent and net loss (9.37) percent of total revenues. Table 2: Overview of costs, expenses and gross profit to revenue. Items Amount (million baht) , % Amount increased (decreased
. This was due to revenue from sales was increased slightly and a decrease in unit price. In addition, the increase in cost of sales and erection’s cost was affected to decrease in gross profit. (5
source of the Company’s revenue. Despite such impediments, the Company recognized the growth potential from the followings: 1) Increased revenue and profit from new business investment which are: “Elite
for 9M19 since it caused the drop in revenue with the cost of employees of Dusit Thani Hotel Bangkok. However, the Company sold the long-term investment and recorded the profit in 2Q19 as per Business
them generated immediate return e.g. Epicure Catering Company Limited, while some investments are in the beginning stage and will gradually generate revenue and profit in the future e.g. Dusit Suite