impact from TFRS 15 accounting standard, resulting in lower recognition of share of profit by THB 92.3 mm. However, this is merely accounting impact, not related to cashflow from operation. • Financial
order to accommodate business expansion. 3Q17 administrative expenses nevertheless increased merely 7% which was half of the 9-month period. It can imply that most of the increase was in the first half of
. Financing Cost The financing cost of 3Q19 decreased yoy from THB 3.8 million to merely THB 0.5 million. All bank loans were paid off in 3Q19. Net Profit Net profit attributable to the Company of 3Q has
amount of Baht 59.76 million increase Baht 2.11 million or 3.67%, This is an increase in raw material creditor due to the fact that the company has a rising sale trend, so it has to order more raw material
., decreased by 0.82 Baht per Cu.M., or 7.49%, due to the rising portion of household customers, who paid lower tariffs than other customer groups and the discount for Provincial Waterworks Authority (PWA). Raw
Baht respectively. The corresponding net profit margins were 9.39% and 9.85% respectively. The net profits increased with rising revenues in each year. The Company’s net profit margin in 2019 was higher
://www.pacedev.com http://www.pacedev.com/ 2 2017 MD&A: PACE Development Corporation PLC. Executive Summary (continued) The rising expenses were mainly related to the development of consumer product and significant
, (ii) the growth in revenue from 3rd party products for distribution of THB 462 million as the Group has reached 31 owned distribution centers since the 1st quarter of 2017 as compared to the rising
increased by 21.98 million baht or 9.61%. This was the result of rising in gains on derivatives 55.21 million baht and falling in gains on investment 35.25 million baht. 4. The Consolidated statements