administrative expense as a percent of sales increased slightly to 13.2% in 1Q20 compared to 12.9% in the same period the previous year. Selling expense increased in line with higher sales. Administrative expense
cost in Q1/2020 amounted 121.14 million baht increased by 30.58 million baht or 33.77% from 90.56 million baht in Q1/2019 due to the recognition of interest expense in construction completed projects and
-term loan repayment that caused decrease in interest expense. As a result, cost of goods sold and expenses on 1st quarter of 2020 increased 6.48 percent from the same period of last year. 1.3 Profit
selling expense to increase, 1Q2020 net profit reported at THB 335M or still increased by 14% YoY because of other income representing THB 423m recognized as a gain from selling share of SHR’s subsidiary
. Selling and administrative expenses of 7.62 million baht (mainly salaries Audit fees and various department fees Related) and income tax expense in the amount of 6.71 million baht As a result, the financial
last year. Cost of goods sold and services increased in portion of increasing revenue but expenses were increasing in portion less than revenue. Selling and admin Expense decreased 19.09% cause from
16,407.00 19,905.00 (17.57) Selling and Administrative Expenses 9,963.00 11,723.00 (15.01) PROFIT BEFORE INCOME TAX 6,983.00 8,729.00 (20.00) Income Tax (Expense) Revenue 2,627.00 3,260.00 (19.42) PROFIT
business requires the Company recognize an allowance for expected credit losses on its financial assets and it is no longer necessary for a credit-impaired event to have occurred. 4. Income tax expense
14.56 million baht or 13.47% from 108.08 million baht in Q2/2019 due to the recognition of interest expense in construction completed projects in 2020. Please be informed accordingly Sincerely yours
%) Operating expenses 717,690 694,345 3.4% Finance costs - Interest expense 24,862 8,795 182.7% Net (loss) profit (370,918) 259,735 (242.8%) The Company closed year-end 2019 with hotel income of Baht 1,301.2