-utilized land of Baht 31.08 million (before corporate income tax). - 2 - (2.2) Cost of Sales and Services Description Year 2017 Year 2016 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales
0.30 -623% Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV (2) Extra items were expenses from raw materials derogation amounting to THB 2,004 million net of tax
31.5 Finance cost (2,424) (2,422) (2) 0.1 (2,043) (2,124) 81 (3.8) Profit before income tax expenses 24,996 13,825 11,171 80.8 34,246 25,462 8,784 34.5 Income tax expenses (6,549) (2,715) (3,834) 141.2
including utility bills and tax campaign which temporarily stimulated the private consumption. Nonetheless, inherent risks lay in structural challenges such as high household debt, delayed government budget
due in part to the decline in export of electrical appliances, washing machines and solar cells from the US tax increase and the effect from high base of last year. Exports of electronic products also
expenses. Profit from Operations Before Expected Credit Losses and Income Tax In the first quarter of 2021, profit from operations before expected credit losses and income tax amounted to Baht 1,052.2
financial instruments 184 - - - 184 - 184 100% Profit (Loss) before the effects of foreign exchange, deferred income tax and lease income 2,990 2,567 33 (3) 3,023 2,564 459 18% Deferred income (expense) tax
(5.3) (1.1) Deferred tax assets - 491 1,238 N/A 152.1 Right-of-use assets - net - - 25 N/A N/A ● In Q1/2020, the Company has Loans purchased of receivables and accrued interest receivables (Y2019: Loan
administrative expenses to operating revenue, and tax benefits from BOI. Operating revenue continued to show growth compared to 9M/2018, mainly driven by 4 key growth drivers including “Younique Customized