amortization expense due to cost of rights to operated expressway sectors of Si Rat Expressway Sector A, B, C were fully amortized in the first quarter of the year 2020 whereas there was an increase in expenses
Finance costs comprise of interest expense from loans for the new investment projects, amortisation of prepaid transaction cost of borrowings and interest expense from lease liabilities. Finance costs for
valuation methodology assuming the construction has completed by estimating the business operation (revenue and expense) of the Company in the next 10 years and used the discounted cash flow method by
strategic intent. Net interest income decreased slightly by 1.7 percent as a result of loan contraction and the net interest margin stood at 2.35 percent. Operating expense decreased marginally by 1.5 percent
the “fair value of intangible asset from the acquisition of GLOW”, the assessment of the fair value of net assets and allocation of business acquisition cost which has been calculated backward s from
profit 1,485,253 1,058,006 427,247 40.38 Gross profit margin (%) 32.67 34.52 (1.86) (5.38) Total revenue 4,713,138 3,264,365 1,448,772 44.38 Total Cost & Expense 4,385,762 3,012,725 1,373,037 45.57 Selling
non-cash one-time expense, resulted from the Company’s new accounting policy of setting allowance for inventories declining value. If excluding this transaction, gross profit margin would increase from
32.7%. The change was due to expense related to staff cost. For the year ended 31 December • The Company has revenue from sales in amount of Baht 1,806.55 million, increased from the same period of last
expense is included in the financial statements. In addition, the Company has expanded its staff, resulting in an increase in personnel expenses and an increase in the cost of hiring consultants, such as
due to the increased of machine repairing expense and legal & other consulting fees. In addition, the company has recognized doubtful account increased amount of 241.80million Baht from the same period