loans from commercial banks. Tax Expenses Income tax expense decreased from THB 5.5 Mn in the three months ending 31 March 2018 to THB 1.0 Mn in the same period of 2019, a decrease of THB 4.5 Mn or 81.8
margin at 44.6% (Q1 2018: 42.9%) Selling and Administration expense Selling and administration expense (“ SG&A” ) closed at 20.92mb (Q1 2018: 23.15mb), decreasing by 2. 23mb or 9. 6% . SG&A consists of
same period of previous year. The amount increased were mainly driven by the rise in personnel expenses, rental cost, maintenance cost, and marketing expense. However, SG&A as a percentage of sales has
93.39 Distribution costs 18.78 16.31 2.47 15.14 Administrative expenses 19.34 13.25 6.09 45.96 Tax expense 5.90 10.43 (4.53) (43.43) Profit for the period 24.26 41.84 (17.58) (42.02) Net Profit
to recognize the costs of retirement estimates that are changed according to the law. Which changed from a 3 0 0 - day compensation plan to 4 0 0 days, therefore, there was an additional expense of 3
cost also contributed positively to a better gross profit margin at 46.2% (Q2 2018: 43.2%) Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at 48.13mb (Q2 2018
the new projects and interest expense. The Company has anticipated the impact of Dusit Thani Bangkok Hotel closure that will result in lower performance. As a result, the Company has planned to create
slower growth in cost also contributed positively to a better gross profit margin at 46.2% (Q2 2018: 43.2%) Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at
the new projects and interest expense. The Company has anticipated the impact of Dusit Thani Bangkok Hotel closure that will result in lower performance. As a result, the Company has planned to create
service cost as an expense in statement of comprehensive income due to the recognition of additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or