renovation of three hotels under Dusit Thani brand, and caused by a temporarily weaker demand from catering and convention during the mourning period and the royal funeral of King Bhumibol Adulyadej. Earnings
, equivalent to a huge rise of 40.13%. This mainly came from professional fees related to the acquisition of KURON Co., Ltd., totaling THB 9.7 mm. Table 7: Administrative Expenses by Type of Expenses for the
increase in the coming Q2-3/2020. The subsidiary in the Philippines is affected by the relocation of production base of its main customer back to Thailand, resulting in a huge reduction in revenue. By the
subsequent mourning period to October 2017, Entertainment and promotional marketing decrease out of respect to the country beloved King and out of request from the Government along with a decrease in private
(loss) of THB 4.53 million and THB (20.25) million for the nine months ended 30 September 2019 and 2020, respectively, equivalent to a huge decrease of 547.02 %. The net profit margin also dropped from
outlook for 4Q17 should be positive compared to last year after passing the mourning period and Royal Cremation Ceremony since the end of October 2017. For hotel renovations, the Company already completed
in 20172, mainly due to an ongoing postponement of festivities subsequent to the mourning period over the passing of His Majesty King Bhumibol Adulyadej and the shrinkage of advertising spending in a
for the years ended 31 December 2018 and 2019 respectively, equivalent to a huge drop of 128.85%. Net profit margin also plummeted from 14.15% to (6.68%). The fall in net profit margin was from the
return on asset (ROA) was 6.53% which declined from the first half of 2016 due to the lower net profit and because the company has been continually investing in huge projects in order to meet long-term
million for the six months period ended 30 June 2018 and 2019 respectively, equivalent to a huge drop of 93.82%. Net profit margin also plummeted from 22.87% to 2.60%. The fall in net profit margin was from