from Other Business was THB 199 million in 4Q18, a decrease of 48.4% yoy, contributed by THB 325 million gain on sales Dusit Princes Korat 4Q17, while THB 5 million share of profit from NR Instant
. As a result, JKN’s financial statements reflected inflated revenue and liabilities. Additionally, it was found that royalty payables were recorded inaccurately, not corresponding to the actual
period of approximately 8 years which can be extended for a further 4 years. Wuttisak Clinics will receive a royalty fee of 6% and marketing fee of 4% of monthly revenue, however for 34 made agreement with
, employee expenses amounting to Baht 24 million, royalty fee amounting to Baht 4 million, marketing fee amounting to Baht 4 million and depreciation to Baht 2 million. Administrative expenses increased mainly
million, wages amounting to Baht 4.86 million, royalty fee amounting to Baht 1.51 million, marketing expenses amounting to 1.89 million and utilities expenses amounting to Baht 0.52 million. Administrative
, royalty fee amounting to Baht 2.9 million and marketing fee amounting to Baht 3.3 million. Administrative expenses increased mainly from employee expenses amounting to Baht 6.9 million, depreciation
by 0.4% or THB 228mn from 31 December 2018. The increase was from the acquisition of arcona Hotel Portfolio and Noble Ploenchit Commercial Building, partly offset by an impact of currency translation
Noble JV, (ii) THB 37mn share of loss from UBM JV, and (iii) THB 22mn share of loss in other associates/JVs. Finance costs were THB 291mn, increasing by THB 90mn, or 44.7% YoY. The increase stemmed from
was able to maintain debt to equity ratio according to the restriction of long-term loans from local financial. Management and service agreement (Royalty fee) On 1 January 2015, the Group entered into