2,083.50 million Baht. However, the company incurred higher selling and administration expenses by 40.42 million Baht; mainly from legal and other advisors. Moreover, the finance cost also rose by 21.29

expenses. As a result, the selling expenses increased from the previous year. Management's Discussion and Analysis and operating results for the Year 2017 Page 5 / 10 3.5 Administration expenses The overall

, (ii) management income of THB 43mn from property management and administration service rendered and (iii) other (sundry) income of THB 122mn. HOSPITALITY SEGMENT HOTEL PORTFOLIO AND PERFORMANCE SNAPSHOT

this year. 3.4 Administration expenses The Group's administrative expense was increased from the same period of previous year in an amounting of Baht 37.57 million or 147.56 percent. Mainly came from Hi

from 1st quarter of 2018, which the commission as a result to selling expense as increase from the same period in last year amount Baht 1.09 million or 18.26 per cent. 3.4 Administration expenses The

percent respectively. The major expenses are mainly in area of personnel costs due to salary normally increased year by year and other administrative expenses. The higher administration expenses in nine

2019 and 2020, administration costs decreased from THB 114.7 Mn to THB 112.0 Mn respectively, a decrease of THB 2.7 Mn or 2.4%. This decrease was mainly due to a decrease in support staff expenses such

respectively. The major expenses are mainly in area of personnel costs due to salary normally increased year by year and other administrative expenses. The higher administration expenses in 1st half ended 30th

, procurement, and general administration. The company also gives clear scope of authorities and approval hierarchy of each management level to prevent fraudulence. For example, the company establishes: chart of

administration expenses amounted to THB 949.06 million, decreased by THB 15.07 million YoY (-1.56%). The decrease was primarily due to a decrease in marketing expenses of THB 68.21 million because there was no