expenses in the income statement in accordance to accounting standard, resulting to the increase of interest expense from the same quarter of the previous year. (Translation) Bangkok Expressway and Metro
from sales of goods 63.07 100.00 61.38 100.00 (1.69) (2.68) Cost of sales of goods 45.52 72.17 46.37 75.55 0.85 1.87 Gross profit 17.55 27.83 15.01 24.45 (2.54) (14.47) Other income 1.56 2.47 1.99 3.24
%) Other Income 1 1 0% Selling and distribution expenses (75) (76) 1% Administrative expenses (42) (43) 2% Finance Cost - (4) n.a. Profit before income tax expenses 72 15 (79%) Tax expenses (12) (2) (83
: MB) (MB) % (MB) % Revenue from sales and service 1,417.3 2,017.5 2,179.9 (600.2) (29.7) (762.6) (35.0) Rental income from equipment for lease 58.1 34.3 34.0 23.8 69.4 24.1 70.9 Cost of sales and
from sales and service 1,190.0 1,640.7 1,216.8 (450.7) (27.5) (26.8) (2.2) Rental income from equipment for lease 80.6 79.9 54.5 0.7 0.9 26.1 47.9 Gain on sales of investment - - 108.6 - - (108.6) (100.0
Percentage 1.1 Revenues from construction Baht 8,356.43 million Baht 7,919.19 million Baht 437.24 million 5.52 1.2 Cost of construction 94.29% 92.07% - 2.41 1.3 Sales and service income Baht 919.07 million
…………………………………………………………………….………… 14 Table 9 Debt Profile……………………………………………………………………………………….…… 15 Table 10 Joint Ventures Performance……………………………………………………………………. 16 Table 11 IVL Consolidated Statement of Income………………………………………………..…… 17
understand the Company and its subsidiaries’ 2018 audited financial statements. An Analysis of Performance * Analysis of Income The Company and its subsidiaries recorded the total revenue of 20,171 MTHB of
Baht) Separate financial statements 2018 2017 % Change Sales and Service Income 1,940.22 1,979.16 (1.97) Cost of Sales and Services 1,572.51 1,525.25 3.10 Selling and Administrative Expenses 218.91
%) (4.6 %) Gross Margin 432.7 30.5 % 371.3 26.5 % 16.5 % Distribution Costs (212.5) (15.0 %) (236.8) (16.9 %) (10.3 %) Administrative Expenses (120.5) (8.5 %) (101.9) (7.3 %) 18.3 % Profit before Income Tax