had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the first quarter of 2018 was at 49.2
. The gross profit margin for 3 months and 6 months for the second quarter of 2018 were 52.3% and 50.4%, respectively. This gross margin had accounted for the fair value adjustment of the acquired
of 2018 were 51.9% and 50.8%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the
Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 2 of 8 Discussion of results of operations Consolidated financial statements 9 Months 2018 9 Months 2019 % Change
. The gross profit margin in the first quarter of 2020 was 69.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA
calculation of transaction size of each method are as follows: Method Calculation Formula Transaction Size 1. Net tangible assets method Net tangible asset of the acquired company x 100 Net tangible asset of
of the calculation of transaction size of each method are as follows: Method Calculation Formula Transaction Size 1. Net tangible assets method Net tangible asset of the acquired company x 100 Net
tangible asset of the acquired company x 100 Net tangible asset of the Company 103.44% = Baht 3,411.99 million x 40% x 100 Baht 1,319.42 million 2. Net profit method Net profit of the acquired company x 100
December 12, 2017 Re: Board of Directors’ Meeting Resolution Regarding Change of Details of Investment in the Project of The Marvel Experience: Theme Entertainment Attraction – TNX of Hero Experience Co