margin (exclude non-recurring cost) 30% 28% 2% 33% 31% 3% Administrative expenses before adj. 41.45 40.84 2% 83.09 88.68 -6% Adj. staff benefit 2.19 - 2.19 - Adj. previous year SW income 20.31 10.66 90
book, which are based on its original cost. Non-recurring item CPN has non-recurring items which are excluded in an analysis in 2Q19 and 1H19 comparing to the same period in the previous year as follows
under CPN’s book compared to GLAND’s book, which are based on its original cost. Non-recurring item CPN has non-recurring items during 2019 compared to the previous year as follows: • In 2Q19, CPN
this business segment decreased due mainly to the cancellation of ABC World’s lease agreement, which the lease termination effective by ended January 2019. The Company recognized revenue from this
estate rental and services related segment The Company’s revenue from this business segment decreased due mainly to the cancellation of ABC World’s lease agreement, which the lease termination effective by
effective by ended January 2019. The Company cease recognized revenue from this business segment since then. Trading of consumer products segment This business segment commenced operate by the Company in June
cancellation of ABC World’s lease agreement, which the lease termination effective by ended January 2019. The Company cease recognized revenue from this business segment since then. Trading of consumer products
impacted by non-recurring items and higher financing cost. Following the adoption of Thai Financial Reporting Standard 15 (TFRS 15), CPN has amended the revenue and cost of food and beverages business
% 1% % Gross margin (exclude non-recurring cost) 32% 31% 0% 33% 31% 2% Administrative expenses before adj. 39.11 41.56 -6% 122.21 130.24 -6% Adj. staff benefit - - 2.19 - Adj. previous year SW income
Reporting Standards (TFRSs), the cost model was adopted for the consolidated financial statements and the gain on fair value adjustment of investment properties was consequently removed. Non-recurring items