develop our people also impacted to the downside. Finally, higher maintenance costs from scheduled kiln overhauls further contributed to the cost increase. We are confident that the reinforcements made in
year. Finally, higher maintenance costs from scheduled kiln overhauls were a main contributor to the cost increase however that was a necessary sacrifice to improve capacity availability. Income tax was
million in 3Q17 and 9M17, respectively. The main drivers were attributable to a decrease in room revenue due to three hotel renovations and an increase in administrative expenses to support business
effective mall management and operating cost control despite major renovations at CentralWorld and CentralPlaza Rama 3 The Thai economy in 3Q17 continued to expand courtesy of solid growth in export of goods
renovations. Selling expenses increased by Baht 33 million which is principally due to higher exhibition expenses, specific business tax and transfer fee offset by lower commission expense. Administrative
of a reduction in occupancy of Laguna Phuket hotels. The occupancy was adversely impacted by renovations and constructions within and around some of the Laguna Phuket hotels, the strong Thai Baht, and
common area charges for building renovations. Selling expenses decreased by Baht 2 million as the decrease in hotel selling expenses were offset by the increase in selling expenses of property
area charges for building renovations. • Selling expenses increased by Baht 20 million mainly due to property sales commission. • Administrative expenses decreased by Baht 18 million mainly due to lower
period and also lower cost of sales of holiday club memberships. • Cost of office rental operations fell by Baht 7 million. This is largely attributed to lower common area charges for building renovations
reduction in dividend payout of the Company’s subsidiaries that were under expansions and renovations. In Q3/2019, total revenues increased from Q3/2018 by Baht 49.0 million from Baht 1,558.6 million to Baht