have executed the company-wide cost management, our cost structure has been continually optimized amidst the competitive landscape. To support our aspiration in 2019, we ensure to allocate sufficient
- wide cost management, our cost structure has been continually optimized amidst the competitive landscape. To support our aspiration in 2019, we ensure to allocate sufficient capital to marking our core
that of in 2016 and 2015 of 73.5% and 72.7%, respectively. However, the cost structure is quite similar to that of the previous year with high proportion of raw material cost being accounted for 80% of
main driver in increasing the cost-to-sales ratio from 53.1% to 64.4% in this year. VGM’s cost structure is higher than MACO’s domestic business due to higher expenses from concession in Transit and
Group’s cost structure is characteristically higher than MACO’s core business, as a result of higher computer, software and installation expenses. The cost of sales comprised of cost of advertising services
sales increased by 317.1% from THB 103mn in 2Q 2018 to THB 429mn. This was mainly due to the aforementioned consolidation. Trans.Ad Group’s cost structure is characteristically higher than MACO’s core
has considered additional facts and the study results of the changed cost structure. It was found that the continuation of the project on the basis of the existing guidelines could result in offering no
314 million in Q3’2018), primarily due to an increase in SG&A arising from the new power plants described previously. COST STRUCTURE FINANCIAL PERFORMANCE 6 9M’2017 9M’2018 % change Q2’2018 Q3’2018
), primarily due to commercial operations of new power plants in 2018 described previously while the seasonally peak expense in Q’4 also impacted the q-on-q basis. COST STRUCTURE FINANCIAL PERFORMANCE 6 2017
to encourage employees to commit the long- term service with the company and other expenses related to IPO. COST STRUCTURE FINANCIAL PERFORMANCE 6 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s