exemplary in this quarter again, realizing significant savings. On top of this new product development has been a success and this will impact positively in H2 as the sales and marketing team are working
% 356.42 42.0% -0.5% 5.4% Income from rending of service through online top-up machines “Boonterm kiosk” (Service Charge) 428.87 55.8% 481.50 57.2% 481.87 56.8% 0.1% 12.4% System development services income
upscale successfully developed hotels, as part of Project Crossroads Phase 1 in the Emboodhoo lagoon in the Republic of Maldives, consists of two islands undergoing development, (i) SAii Lagoon Maldives
the Republic of Maldives, consists of two islands undergoing development, (i) SAii Lagoon Maldives, Curio Collection by Hilton and (ii) Hard Rock Hotel Maldives "Project Crossroads Phase 1 Hotels "; and
WHART was 39.0%. Industrial Development Business 2018 2019 Increase/ (Decrease) THB mm THB mm % Revenue 2,124.9 3,505.0 64.9% Gross Profit 1,066.4 1,777.2 66.7% Gross Profit Margin 50.2% 50.7% GPM before
property development business amounting of 0.72 Million Baht, as the construction process of the project 7. Financial Cost increased 3.02 Million Baht, or 108.63% because the Group using short term credit
year. Financial Cost Most of financial cost resulted from loan interest on loans borrowed to develop projects, which are capitalized as development costs for the projects until construction completion
. Crossroads project, the first Maldives integrated leisure and resort destination, has been under development and had no impact on 1Q19 performance. Page 4 of 7 Management Discussion and Analysis 1Q2019 1Q19
resulting was an important development and this focus on zero injuries will remain for the future. Year on Year total revenues are down slightly by 12%. This was due to increased competition on the domestic