expenses (SG&A) amounted to Baht 3,552.75 million, an increase of Baht 104.39 million or up by 3.03% as compared with the previous year. The amount increases were mainly driven by rise in personnel expenses

from the expansion of business of the Company due to the increase of cost of program right which was invested during the period to support the business growth. In addition, the Company has an outstanding

increase of 6% Commenting Mr Geza Perlaki, Golden Lime Managing Director said: “We have maintained a strong performance in the third quarter in terms of our sales and revenue growth despite the challenges of

ended 30 September 2019 totaled THB 177.37 million, an increase of THB 69.54 million or 64.49% from the same period of previous year. This was due to (1) Rise of the employee and executive expenses of THB

million, respectively, an increase of 11.54%. The gross profit margin for the year ended 31 December 2018 and 2017 was 36.68% and 40.47%, respectively. The drop of gross profit margin contradicts the rise

of THB 658.41 million, increase by THB 31.41 million or 5.01%. The increase in total costs and expenses was higher than the growth in revenue (83.30%). The Government stimulus measures by providing

for the year ended 31 December 2019 totaled THB 251.18 million, an increase of THB 113.37 million or 82.27% from last year. This was due to (1) Rise of the employee and executive expenses of THB 45.03

SMEs for funding in order to develop their potential and increase their ability to compete both domestically and internationally which is SEC's mission under the master plan of the 20-Year National

while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export

furniture, and decoration costs. In 1Q18, CPN reported costs of food and beverages at THB 332 mn, an increase of 9.9% YoY. The rise in cost is less than the growth in food and beverages revenue, partly down