total operating expenses varied in line with the company’s revenue. Comparing the total revenue and the total operating expenses in Q2–2019 with Q1–2019 and Q2-2018, it showed that the change rate had
. 2. Cost of sales In the year 2018, the cost of sales at Baht 127.43 million, decrease of Baht 163.03 million or 56.13% compared to the last year, varied to the decreased revenue from sales of land and
million, increase of Baht 34.39 million or 26.99% compared to the last year, varied to the increased revenue from sales of land and houses as bellows: Q4/2019 Q4/2018 increase(decrease) million Baht million
million or 7%, mainly due to an increase in cost of real estate sold which varied with an increase in revenue from sales of real estate. Page 3 of 4 IV Expense (Unit: Million Baht) Second quarter 6-month
year, varied to the decreased revenue from sales of land and houses as bellows. Item 2018 2018 increase(decrease) million Baht million Baht million Baht % Revenues from sales 175.66 295.89 (120.23
subsidiaries were sold (6) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of entities under common control, Gain on
277.8 (138.9) (33.3%) Gross Profit 281.9 166.0 (115.9) (41.1%) Gross Profit Margin 67.7% 59.8% GPM before adjustment with PPA 68.8% 60.6% Rental and service income from warehouses, distribution centers
recorded gain on fair value adjustment of investment due to reclassification in the amount of Baht 2,030 Million, net of corporate income tax. 4. On September 21, 2018, the Supreme Administrative Court
Profit excluding FX impact and Extra item /3 Deferred revenue from assets monetization to WHABT in 2015 which recognized in the first quarter of 2019 as a result of accounting standard adjustment (TFRS 15
& Saengchote © Fact #1: Most funds do not beat the market. Relative return = fund return – benchmark [e.g. SET TRI] Alpha = fund return – risk-adjustment [e.g. CAPM; multi-factor model] Equity Mutual Funds