from the upward gross profit margin of 2019. The gross profit in 2019 was increased from Baht 262.5 million to be Baht 273.9 million or equivalent to 4.36% resulting from the rise in gross profit margin
measures to release the economic impact. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2020, from an increase of 1.5-2.5% to a decrease
private sector contribute a high demand of skilled workers and lead to an increase in household income and consumer purchasing power (Source: Bank of Thailand). Meanwhile, a rise in average oil price in the
consolidated net profit of THB 5,983 mn, an increase of 155.4% from the same period of the previous year (YoY). Total revenue stood at THB 11,198 mn, an increase of 53.0% YoY. Excluding a non-recurring item
restaurants and bars, café’, banquet room, meeting rooms and other hotel’s facilities. Revenue from property development operations through sales of residential projects in both low rise and high-rise
business; due to finished product price increase that coincide with the rise of global crude oil price, and total sales volume increased by 5%. Also, the company received higher revenue from the power plant
4Q19, the cost stood at THB 108 mn, an increase of 8.1% YoY). The rise in cost is in-line with the growth in revenue from food center services, which came from the new food courts opened at new malls in
increase of 8.8% YoY). The rise in cost is higher than the increase in revenue and comes from the following factors. • Higher cost of land lease and amortization at CentralPlaza Rama 2 as a result of the
marketing margin declined from the rise in crude oil price in Q1/2019, which caused the finished oil products cost to increase, while the retail price was slower to adjust. Moreover, with the price fix for
inflation rate by 0.05 percent, resulting from lower price in agricultural products. Furthermore, an enlargement of tourism sector together with a rise in number of agricultural products were key factors of