2018 Raimon Land Public Company Limited | 27 February 2019 4 / 5 Financial Cost Most of financial cost resulted from loan interest borrowed to develop projects, which are capitalized as development costs
year continually. 4. Property Development Business JAS Asset Public Company Limited ("JAS"), engaging in real estate development business, which the Company holds 67.5% of shares and has a net profit of
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
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