). Core net profit after tax of $128 million (-27% YoY; +5% QoQ), higher fall YoY on account of higher interest expenses and depreciation and lower taxes. Reduction in effective tax rate following the
percent increase from last year, due to rising interest income as loan growth accelerated. However, loan impairment charges set aside for credit losses in compliance with IFRS9, which will be effective in
Co., Ltd. in this information memorandum. 9 Cost Estimates : It comprises of 95% of raw materials, labor and other costs of the Self-operate Restaurants and 8% of selling and administrative expenses of
Hotel Bangkok employee cost and additional post- employment benefit expenses from the new labour protection act effective in 2Q19. Depreciation and amortization expenses were Baht 65 million in 4Q19
Analysis For 4Q19 and FY2019 P a g e | 2 Despite the lower hotel revenue from the closure of Dusit Thani Hotel Bangkok at the beginning of the year with carrying hotel staff cost, the Company reported the
synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA
the recognition of lease right assignment fee albeit a drop in room revenue from lower room inventory due to room renovations of Dusit Thani Laguna Phuket, Dusit Thani Pattaya and Dusit Thani Manila
5.0% Cost of sales and services 36,722.5 74.53 34,471.5 73.52 2,251.1 6.5% 34,127.2 72.71 2,595.3 7.6% Gross profit 12,546.7 25.47 12,415.8 26.48 130.9 1.1% 12,811.0 27.29 (264.3) (2.1%) Operating
of 25.0%, leaving 290bps gap to the 2nd player. - Fitness First project delivered more than THB 700 million cost/expenses saving in 2018, which drove Q4’18 Gross margin to 34.5%, +270bps QoQ. *Net