share of losses in 2016, mainly driven by a significant decline in loss from Dusit Fudu Hotel Management in China due to an effective cost control. Dusit Thani PCL Management Discussion and Analysis 2017
effective risk management and internal control Principle 7: Ensure disclosure and financial integrity Principle 8: Ensure engagement and communication with shareholders 3.2 Implementation of the Corporate
effective risk management and internal control Principle 7: Ensure disclosure and financial integrity Principle 8: Ensure engagement and communication with shareholders 3.2 Implementation of the Corporate
. However, the effective cost control helped decrease SG&A expenses, thus overall performance has improved. Bio-based product business The Biodiesel business performance improved from the same period of the
with the increase in revenue with both hotels showed effective cost control in both room and food and beverage management. Cost of sales In 2018, CPN reported cost of sales at THB 1,565 mn (for 4Q18 the
with the increase in revenue with both hotels showed effective cost control in both room and food and beverage management. Cost of sales In 2018, CPN reported cost of sales at THB 1,565 mn (for 4Q18 the
THB 250 mn, a decrease of 1.1% YoY) in line with the decrease in revenue. Both hotels showed effective cost control in both room and food and beverage management. Cost of sales In 3Q18, CPN reported
consolidated operating and administrative expenses were 2,056 million baht, decreasing by 13% y-y. However, the Company still maintained effective operating cost control with cost to income ratio at 39% of total
consolidated operating and administrative expenses were 1,951 million baht, decreasing by 105 million baht or 5% y-y and 1% q-q. However, the 5 Company still maintained effective operating cost control with cost
automated activities, all of which must operate for the control to be effective e.g. Shipping manager reviews a report of unshipped ordered. • Shipping manager reviews Manual • A report of unshipped ordered