%. Operating expenses decreased by Baht 18.7 million or 11.8% compared to Q3 2018. During the year, the hotel carefully managed costs while retaining a minimum impact on the quality of guest services and
decreased by Baht 39.0 million or 22.7% compared to Q2 2018. During the year, the hotel carefully managed costs while retaining a minimum impact on the quality of guest services and customer care. In addition
the same period of 2017 due to the Company managed to effectively control finance expense by repayment of short-term borrowings which costs high interest such as factoring and promissory notes
the company faced the problem of the fluctuation of raw material cost but it slightly impacted on the cost of goods sold. Since the company has strictly controlled and managed the inventories very well
46.7% to 47.7%. According to the Company has efficiently managed portion of sales for each product group. In addition, at the end of 2nd quarter and during 3rd quarter, the Baht appreciation which affect
managed the customer credit during Covid- 19, including monitoring and collecting accounts receivable, resulted in the decrease in allowance for expected credit losses. 3 Management Discussion and Analysis
by THB 18mn (or 50.6%), and (iv) other revenue that increased by THB 392mn (or 343%) YoY, primarily from the THB 200mn revenue from the termination fee of management contract of 2 managed hotels in
interest rate and the profit from fair value measurement of other current financial assets which is short-term investment amount to Baht 0.08 million including of the profit from the sale of assets for the
of deposit interest rate and the loss from fair value measurement of other current financial assets which is short-term investment amount to Baht 0.13 million. Previous year, the Company gained profit