period of 2019. This increase was mainly due to switching towards more cost-effective marketing channels. Administrative Expenses In the 3rd Quarter of 2018 and 2019, administration costs increased from
control of selling and administration expenses by implementing cost reduction measures. Management Discussion & Analysis Q1/2021 Q1/2021 Management Highlights After You continues to renovate certain areas
gross profit margin in the second quarter of 2017 was 59.8%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level
investment in associated company to investment in available-for-sale securities, which consistent with the investment proportion and the purpose of the Company investment. The Company recorded gain on fair
factories and warehouses. The gross profit margin in the first quarter of 2019 was 48.8%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting
, primarily due to gain from fair value adjustment of investment property at THB 794m realized in 2Q18. The Company made the first dividend payment which was made from 2018 Net profit at THB 0.04 per share on
assets amounted to Baht 112,377 Million, representing an increase by Baht 8,546 Million or 8.2 percent when compared with total assets as at December 31, 2018 mainly from fair value adjustment of
accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost amounting to Baht 131.3 million
credit losses from long outstanding receivables and losses from fair value adjustments of investments in Campana Group Pte. Ltd. Operating Results and Capabilities to Make Profit Performance from revenues
) million, due to the group gaining profit from exchange rate in 2017 from the imported solar cells for the solar energy business, but no gain in 2018. Selling and administration expenses Selling expenses