country. Furthermore, the profit improvement is due to how the company has managed the products more efficiently after expanding of warehouse as well as brand recognition marketing keep more stability on
to the company managed the inventory level appropriately to reduce storage costs and reduce the burden of working capital. In addition, unbilled income for project work decreased by 33.82 million baht
income 4.1 6.1 -32.5% Cost of sales - 159.6 - 150.9 -5.8% Selling expenses - 4.5 - 5.6 19.8% Administrative expenses - 7.2 - 6.6 -9.4% Finance costs - 3.0 - 0.7 -298.0% Profit for the period 2.4 11.9 -79.9
172.65 178.85 (6.21) (3.47) Earnings before interest and taxes (EBIT) 10.58 32.79 (22.21) (67.73) Financial costs 4.75 0.72 4.04 559.72 Income tax expenses (2.87) 2.86 (5.73) (200.35) Net profit 8.70 29.21
, the company had net loss of 59.45 million baht, decreased by 67.49 million baht or 839.66% comparing to the net profit of 8.04 million baht in the 2nd quarter of previous year. The details are as
Osotspa Public Company Limited Q2’19 and 1H’19 Management Discussion & Analysis 14 August 2019 Q2’19 and 1H’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Q2’19 Net profit* was
/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
which the Company receives a share of profit or loss from the investment in the joint ventures. As of Decenber 31, 2 0 1 9 , the Self-Managed Hotels, Outrigger Hotels, UK Portfolio Hotels and Project
profit 664.3 37.9% 366.3 31.8% (298.1) (44.9%) Selling expenses 154.4 8.8% 127.2 11.0% (27.2) (17.6%) Administrative expenses 512.5 29.3% 1,012.8 87.9% 500.2 97.6% Other income 83.8 4.8% 531.8 46.2% 448.0
(39.66) (6.45) Costs and Expenses 554.34 579.71 (25.37) (4.38) Profit (Loss) -Net 18.11 30.02 (11.91) (39.67) Income of Sale and Administration Transaction For the Year ended 31st December (Unit: Million