%, respectively. The higher ratio on a period-on-period basis was attributable to the Company having some costs in depreciation, utility expenses, and the Company recognized the additional past-employment benefit
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
to be recognized in 2018. (Unit : Million Baht) 2018 2017 Change % Change Operating revenue 406.54 351.36 55.18 15.70% Operating cost 337.23 293.88 Gross profit 69.31 57.49 11.83 20.58% Gross profit
the same period of the previous year. The decrease was a result of the extra revenue from additional construction work of Xayaburi project recognized in Q2 2016. However, the gross profit margin for the
from the backlog had been recognized in Q4/2020. Moreover, the sales campaigns at the beginning of the year are not well-received as usual as a consequence of the COVID-19 pandemic. Regarding the income
and international economic situation, political situation, household debts as well as demand-supply imbalance. In Q2/2019, the LTV (Loan to Value) measures are enforced. Business operators thus need to
The net profit and gross profit margin of the Company and subsidiary companies increase 44.24% and 6.82% respectively from the same quarter of the previous year. 40% was the income recognized from two
Factory which was fully recognized in the first half of the year since the Company acquired such machines in April, May and August 2017. This resulted depreciation expense to be increased by 0.83 million
, however, the subsidiaries have not yet started their operations. (8) Share of profit (loss) from investment in associated company and joint ventures In 2017 , the Company recognized the loss sharing from
expense from the Lofts Asoke project was recognized as financial cost after the construction completed in December 2018. Moreover, in comparison with 3Q18, in 3Q19, the Company was carrying higher loan