state that revenue can be recognized when customer obtains control of that good or service. In the past, the Group recorded revenue and cost of procurement and fabrication service by percentage of
could not record revenue for procurement and fabrication service which not yet deliver to the client. As IFRS 15 state that revenue can be recognized when customer obtains control of that good or service
in revenue from dessert café and better control of selling and administrative expenses. Net Profit and Net Profit Margin • The Company reported net profit in Q3/2019 and 9M/2019 of THB 65 million and
comparing to Q4/2018 loss of Baht 143 million due to higher utilization rate as well as tight costs and expenses control. EBITDA in Q1/2019 was Baht 9 million, a decline of 88% YoY but an 107% upturn QoQ
the same period of last year, which totaling of Baht 540.31 Million. Resulting from transferred right of control on the construction projects both revenue from constuction of EPC service and revenue
THB 22.68 million or 27.53%, mainly from additional staff and rental expenses for new branches. However, the Company has measures to control selling expenses, in order to maintain the proportion of
Company Limited had income for the 9 months period decreased from the previous 0.59 %, but the gross profit increased from the previous year 6.85 %. due to the company tried to control costs and adjust
% Investment properties 13.93 22.28 (8.35) (37.48%) Property, plant and equipment 653.62 564.97 88.65 15.69% Goodwill 19.38 19.38 - 0.00% Intangible assets 14.41 13.68 0.73 5.33% Deferred income tax assets 5.25
marketing events in the first quarter of 2018 than prior year such as “FN Fair” at head office and “FN Thank you sale” at branches. The Company efforts to carefully control promotion expenditure. Thus, 1Q18
decreased of food’s promotion expenses due to efficiency control. Administrative Expenses Administrative expenses of Q2’2018 was Baht 525 million, decreased by 2.5% or Baht 13 million from Q2’2017, mainly