281.2 million Baht from the previous fiscal year or 14.0% due to benefit from raw material. 3. Selling and administrative expenses decreased by 13.6 million Baht or 2.5%, the company emphasize on the
improvement was mostly a result of lower prices of raw materials this year. * Note Please find further information in the consolidated financial statements. 2 Financial Ratios Q1 2020 Q1 2019 Gross profit
committing or permitting another to act so as to falsify the accounts of GSTEL and GLS by making false entries concerning the purchase of raw materials from overseas suppliers materially lower than the actual
% EBITDA margin (%) 27.3% 27.9% NNP margin (%) 9.7% 9.5% % NNP - Owner of the parent 58.6% 59.1% Remark: *Normalized net profit = Net profit – Unrealized gain (loss) from FX – Non-recurring income / (expense
by the gain on sale of Dusit Thani Princess Korat. The Company reported total revenue of THB 5,570 million in 2017, an increase of 2.7% yoy, mainly driven by a gain on sale of Dusit Princess Korat of
selling expense to increase, 1Q2020 net profit reported at THB 335M or still increased by 14% YoY because of other income representing THB 423m recognized as a gain from selling share of SHR’s subsidiary
other income amounted 15.3 million Baht compared previously year 18.1 million Baht. In Year 2018, Gain on sale of land and structures held for future development in amount of 167.8 million Baht and Gain
Group”) as follow: * Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of receivable under finance lease and gain (loss) on forward contracts. Consolidated
179,674 3.6 Fees and services expenses 597,665 442,747 154,918 35.0 Fees and services income, net 4,604,034 4,579,278 24,756 0.5 Gain on trading and foreign exchange transactions, net 276,581 457,007
: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018