of the same last year. Because of The Company and subsidiaries have increase the unit right transfer to customer more the last year 39% its effect to special business tax and transfer fee increases
. The amount increases were mainly driven by the rise in personnel expenses, rental cost, cost of services to customers, cost of transportation, and maintenance cost. However, SG&A as a percentage of
year. Selling expense increased in line with higher sales volumes. Administrative expense increased mainly because of higher staff costs due to a higher headcount and annual salary increases. In addition
increased from THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017 and increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support the future business
. Administrative Expenses Administration costs increased from THB 310.9 Mn in 9M17 to THB 332.4 Mn in 9M18, an increase of THB 21.5 Mn or 6.9%. This increase was mainly due to staff increases to support the future
, 15.1% and 16.8% of total revenue during the two years respectively. This was an increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support
or 6.9% and was mainly due to staff increases to support the future business expansion and higher accrued staff bonus. Finance Expenses For the 9 months ending 30 September 2017 and 2018, financial
million or 209.69% growth from that of Baht 454.21 million as at December 31, 2017, mainly attributable to increases by Baht 24.89 million in cash and cash equivalents following the initial public offering
table. Gross profit margin of land and houses in the first quarter 2019 and 2018 were 28.77% and 33.05% respectively, decreased 0.04 %. In first quarter 2019, Gross profit increases 0.75 % arising from
to increase the new customer base. In part of administrative expenses increases due to the cost related to the issuance of the Warrants to Purchase the Ordinary Shares (HPT-W1). Net profit and Net