increase of 76 million baht or 4% from last year. This was as a result of an increase in marketing expenses, increase in personal expense caused by increasing employment of the Company’s subsidiaries
, the delivered projects in Q3–2024 have an increase in gross profit margins. As a result, the increase rate in income tax expenses was higher than the increase rate in revenue and the income tax expense
48,201 46,018 46,319 Total liabilities million baht 14,260 13,544 14,428 equity’ Total shareholders million baht 33,941 32,474 31,891 Registered capital million baht 1,259 1,259 1,259 up capital-Paid
assets million baht 45,958 48,201 46,154 Total liabilities million baht 12,952 14,260 13,680 equity’ Total shareholders million baht 33,006 33,941 32,474 Registered capital bahtmillion 1,259 1,259 1,259 up
expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost which will reduce in 2020 as long-term loans are repaid. Golden
novation has no effect to the required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the third
been paid so financial costs will come down from here on in. Income tax expense has increased as Saraburi Quicklime does not have BOI exemption although there are planned projects that will enable
constant for the rest of 2019. Income tax expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost. 3.2. Assets, Liabilities
) Administrative expenses 405.63 435.73 (30.10) (6.9) Finance costs 434.76 400.37 34.39 8.6 Income tax expense 229.05 247.06 (18.01) (7.3) Total expenses 2,264.28 2,421.06 (156.78) (6.5) 1,133.06 1,095.13 37.93 3.5
MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 SG&A expense against only 1.5mTHB consolidated EBITDA contribution, since the acquisition was completed only at the very end of the quarter