capital increase from Initial Public Offering would result in the marked decrease in Debt-to-Equity ratio and financial costs going forward. Management’s Discussion and Analysis S Hotels and Resorts Public
Management Discussion and Analysis Q3/2019 Financial Result Summary Q3/ 2019 Q3/19 Q3/18 Change +/(-) 9M/19 9M/18 Change +/(-) (in THB mm) YoY 9M Revenue from Sales and Services 57.4 54.3 6% 146.9
2.19 3.10 -0.91 -29% Total revenues 211.76 184.87 26.88 15% Cost of sales and services 153.62 136.23 17.39 13% Gross profit 55.51 44.98 10.53 23% Gross profit margin 26% 24% SG&A 42.04 44.50 -2.46 -6
value mix that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security, continuous improvement of quality, services in logistics and application of the products
that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security based on total 9 kilns in operation, continuous improvement of quality, services in logistics and
Baht 1,810 million last year mainly due to waiver of interest of Baht 5,506 from creditors consequent to conversion of the Debt to Equity, Gain from capital reduction in Subsidiary Baht 1,130 million and
Grade A & B office buildings. Digital Services As of 30 September 2017, under VGI’s offline payment channel, over 8.1mn Rabbit cards were issued with more than 133 brand partners and over 4,400 retail
% 51.67% Net profit / total sales and services revenue (%) 30.96% 30.55% Performance Ratio Return on Equity (ROE) (%) 13.67% 12.15% Return on Assets (ROA) (%) 6.63% 6.21% Capital Structure and Debt Ratio
increase of 23.5% YoY. Revenue from Out-of-Home business increased 2.0% YoY to THB 909mn. Revenue from Digital services business increased 243.6% YoY to THB 299mn. Net profit was THB 260mn, an increase
% - Operating Revenue1 447.2 423.9 5.5% 1,299.6 1,264.9 2.7% - Other Revenue from Utilities Business2 2.6 18.5 -85.9% 81.9 22.1 271.2% - Power Business 3.0 1.1 165.4% 5.9 1.9 211.1% Costs of Sales and Services