gross profit margins resulted primarily from the company's efficient production cost controls and last year the company had sold a large number of products at low price to reduce stock, while the
quarter is usually the low season for retail businesses, due to the impact of the rainy season, with frequent downpours causing a slowdown in customer traffic. Although the export and tourism sectors
business plan by implementing cost saving according the change in revenue, whilst taking the opportunity to accelerate the renovation of Hilton Pattaya from May 2020 to November 2020 to enhance operational
% Management service 1.1% Other income 1.2% Hotel Property development Food and beverage Management service Revenue from property development operations through sales of residential projects in both low rise and
debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The
per visit increased to over THB 1,600. Despite the slight Operation : Consolidated Profit & Loss Statement 1Q 1Q % Unit : THB million 2019 2018 change Revenue from non-social security 248.35 218.24 14
/DB) was as well widened, affecting crude cost to adjust upwards. From the rise in average crude oil price during this quarter there was an inventory gain of THB 450 million, and a gain from oil hedging
due to the effect of the WLTP, which resulted in a low production utilization rate and led to a higher cost of goods and pressure on profit margin. The average profit margin in 2018 was 26%, which is
completed Low-rise projects, Maestro03 Ratchada-Rama9, Maestro14 Siam-Ratchathewi, Maestro01 Sathorn-Yenakat and Maestro07 Victory Monument. There were also transfers from existing completed big projects