Administration. MACO will leverage the benefits of digitalising its prime media inventory - such as higher visual impact advertising - by converting its existing 188 static street furniture panels to 42 LED
suitable and in line with other companies in the same industry. Administrative Expenses For the years ending 31 December 2018 and 2019, administration costs increased from THB 448.6 Mn to THB 489.7 Mn
construction has been completed during early of Q2/2017. In addition, recognition of administration and maintenance cost of assets will begin after the acceptance of construction work. However, direct cost of
liabilities 0.87 52.39 Issued and paid-up capital 158.31 1.00 Unappropriated retained earnings (losses) (0.73) (0.73) Shareholders’ equity 157.10 0.27 Total revenues 0.00 0.00 Total selling and administration
2,083.50 million Baht. However, the company incurred higher selling and administration expenses by 40.42 million Baht; mainly from legal and other advisors. Moreover, the finance cost also rose by 21.29
, (ii) management income of THB 43mn from property management and administration service rendered and (iii) other (sundry) income of THB 122mn. HOSPITALITY SEGMENT HOTEL PORTFOLIO AND PERFORMANCE SNAPSHOT
the higher increase in revenue mentioned above, even though the selling and administration expenses were increased to support the expansion of the business. Earnings before Interest, Taxes, Depreciation
percent respectively. The major expenses are mainly in area of personnel costs due to salary normally increased year by year and other administrative expenses. The higher administration expenses in nine
2019 and 2020, administration costs decreased from THB 114.7 Mn to THB 112.0 Mn respectively, a decrease of THB 2.7 Mn or 2.4%. This decrease was mainly due to a decrease in support staff expenses such
respectively. The major expenses are mainly in area of personnel costs due to salary normally increased year by year and other administrative expenses. The higher administration expenses in 1st half ended 30th