margin of the projects delivered in Q1–2018 was lower than those in Q1–2017. The reason came from the higher market competition and the increase of employee cost. Comparing the profit of the Company for Q1
salary, employee and management benefits, office rental, travel expenses, and professional fees. In Quarter 3 of 2019, the increase in administrative expenses is mainly due to (1) increase in allowance for
higher than the first quarter of 2019 19.4%. This was because of an increase in employee expenses and expenses related to the insurance business. The Company’s gross profit for the first quarter of 2020
from 57.57% in 2021 due to the increase in employee-related costs to support the planned increase of scale and scope of services to be provided by the Company and clients in mobile operator sector, in
, representing 29.72% and 32.69% of total revenue, respectively. Such expenses increased by THB 1.09 million or 6.58% from the same period of previous year mainly due to increase in employee related expenses to
compared to the same period of 2019. This was mainly because the Company focused on costs control and there was an increase in employee benefit provision of Baht 46 million in the second quarter of 2019
preceding year, SG&A in 1Q18 increased by 2.5% YoY, mainly due to three distinct sources: a) Higher personnel expenses, reflecting increased number of employees to support business expansion b) Increase in
stemmed from doctor’s fee, remuneration, and any other employee benefits, which resulted from the increase of medical staff in order to support its expansion for both WPH and WPA( Wattanapat Hospital Trang
, the Company’ cost of services was 426.4 million baht increase 118.9 million baht or 38.7%. Cost of services increase was primarily from employee remuneration cost due to its business expansion. The
period of 2018, the Company’ cost of services was 307.5 million baht increase 43.5 million baht or 16.5%. Cost of services increase was primarily from employee remuneration cost due to its business