. Overall market environment The Thai economy continued to expand mainly from 2 key drivers relating to external factors, in line with the recovery of the overall global economic conditions (Global
. Overall market environment The Thai economy continued to expand mainly from 2 key drivers relating to external factors, in line with the recovery of the overall global economic conditions (Global
, which is partly due to global economic recovery, as well as the growth in exports of electronic goods which supports Internet of Things (IoT). Private consumption expanded at a moderate pace as overall
) Management’s Discussion and Analysis | 2 Executive Summary In 2017, palm oil production in domestic and international market had improved since recovery from drought causing by El Nino effect in 2016. As palm
104.79 1.35 1.3% Total expenses 3,066.16 2,946.38 119.78 4.1% Earning before interest and tax 341.41 279.67 61.74 22.1% Finance cost -4.83 -8.02 3.19 -39.8% Share of profit from investment in associate
1.27 8.6% Administrative expenses 28.79 25.75 3.04 11.8% Total expenses 788.14 741.40 46.74 6.3% Earning before interest and tax 71.92 75.54 -3.62 -4.8% Financial expenses -1.33 -1.64 0.31 -18.9% Share
507mn o Advertising revenue decreased by 56.8% YoY to THB 179mn. o System integration services revenue decreased by 1.5% YoY to THB 328mn. Recorded a share of loss from investment in joint ventures and
13.06% Loss on exchange rate 31 126 -95 -75.43% Expected credit losses (reversal) -10 -15 5 -31.23% EBIT before share of profit (loss) from investment in associates and joint venture 187 150 37 24.49
68.6% Gross Profit 813 396 417 105.3% Gross Profit Margin (%) 11.1% 9.3% 1.8% SG&A Expenses 456 310 146 46.9% EBIT before share of profit (loss) from Investment in Associates and Joint Venture 608 275
Supervisory Committee, which effective September 13, 2021 onward and there is no write off account receivables in this quarter. However, our revenue from bad debt recovery for the first nine-months were 1,019