. It stemmed principally from a Baht 180.40 million decline in accrued dividend payable following the Company’s announcement of interim dividend payment from the net profit of the April 1, 2018 to

favorable EBITDA stemmed from not only the revenue growth but also the effective cost control as mentioned above. Financing Cost The financing cost increased from merely THB 0.3 million to the amount of THB

, decreasing by Baht 21.59 million or 13.11% from those of Baht 164.68 million as at December 31, 2017. It stemmed principally from a Baht 35 million decline in accrued dividend payable following the Company’s

reasons for the decline of cost ratio not only stemmed from the increase of SW income and non-sw income per head but also from the efficient cost management particularly staff cost. Administrative Expenses

amount and margin. EBITDA amount decreased by 12% yoy, and EBITDA margin declined from 31% of hospital revenue in 1Q’19 to 28% in 1Q’20. The unfavorable EBITDA stemmed mainly from the social security

%, respectively. The increase in sales stemmed from sales generated from new stores, while an improvement in the effectiveness of product assortment planning led to the continued expansion of the Company’s gross

house and condominium units reached THB 1,698m, grew by THB 1,307m or 334% YoY. The increase generally stemmed from transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences

, and decoration costs. 2Q17 costs of food and beverage increased by 15% YoY to THB 315 mn, in line with growth of revenues from food and beverage, stemmed primarily from new and renovated food courts

to THB 323 mn, slightly exceeded the growth in revenues from food and beverage. The rise in costs stemmed primarily from renovation activities of food court areas into Food Destination zones in 2017

share of loss from associates/JVs was primarily from the Sansiri JV, which stemmed mainly from fair value uplift, following the Companys acquisition of the Sansiri JV last quarter and higher number of