26.1%. • Normalized Rental Revenue increased by 26.9% to THB 285.9 mm, mainly due to increase in lettable area for both logistics and industrial properties. • Revenue from industrial land sale was THB
recognized in Q1/2020 was THB 0.47 million Management Discussion & Analysis Q1/2020 • Revenue from Dessert Café in Q1/2020 was THB 204 million which decreased by THB 62 million or 23% from Q1/2019 due to lower
success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this
as follows: 1) Sales of real estate: Sales of real estate in the first quarter of 2018 decreased by Baht 206 million or 7% decrease compared to that in the same period in 2017. Such decrease is due to
for 2018 equal to 565.9 million baht more than 2017 at 0.9%. This was due to an increasing of cost of food and beverage and property and land which higher than last year of 114.6 million Baht. The
estate development projects but due to the feasibility study of the project, the Company considered that the development of the project on such land is costly and not cost effective. The Company, therefore
business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this business has low gross profit
. Sales of ‘improved air quality’ products were higher than normal, due to the occurrence of high levels of air pollution, especially in Bangkok and the Central and Northern regions. However, sales at some
THB 164m in Q1 2019 from THB 343m in Q1 2018. Net Profit decreased 45% to THB 303m in Q119 from THB 553m in Q118, due to higher costs due to increased capacity in Q119 compared to Q118 and THB