) Selling and Administrative Expenses 2018 5 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 FINANCIAL POSITION Assets As of December 31, 2019, total assets on consolidated basis amounted to THB 2,300.35 million
future obligation • THB 0.76 million of loss from disposition of investment in associates • THB 1.83 million of loss from write-off of assets FINANCIAL POSITION 5 | MANAGEMENT DISCUSSION AND ANALYSIS 2019
163.17 42.9% 202.75 46.0% 39.58 24.3% SG&A 58.51 15.4% 83.78 19.0% 25.27 43.2% EBIT 104.66 27.5% 118.97 27.0% 14.31 13.7% Share of Gain in Associates - - 0.51 0.1% 0.51 - Interest Expenses 0.48 0.1% 0.35
% Administrative expenses (6.43) (9.68) (3.25) 50.58% (19.23) (30.12) (10.89) 56.66% Share of gain of investments in associate 0.03 0.03 0.00 9.21% 0.06 0.10 0.04 73.41% Finance costs (0.07) (0.09) (0.02) 26.99
income 47.97 100.00 79.46 100.00 (39.63) Costs 18.79 39.17 42.14 53.03 (55.41) Administrative expenses, finance costs and share of loss from associates 37.52 78.22 29.56 37.20 26.93 Management benefit
Board of Directors’ meeting approved the additional investments of not exceeding 83,000,000 shares of M.K. Real Estate Development Plc. (“MK”) at the price of 4.50 Baht per share, which is not exceeding
Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2019 comparing operating performance and financial position for the
196,000 ordinary shares of Hin Kong Power Holding Company Limited or 49 percent of the total shares at THB 10 per share, which is at par price, totaling THB 1.96 million to Gulf Energy Development Public
percent of the total number of shares in WPS to Eastern Printing Public Company Limited at a price of Baht 9.6450 per share, amounting to the total of WPS (Thailand) Co.,Ltd. Statement of financial position
and acquisition of shares from the existing shareholder (the “Share Acquisition Transaction”. Details of the Share Acquisition Transaction are as follows: 1. The subscription of newly issued shares of