period of previous year that has 23.57 Million Baht in profit. Due to the decrease in the volume and the selling price of steel wire and UWC has cost of work and project work increased. Due to the
First Quarter of 2020 1. EXECUTIVE SUMMARY WHAUP finished our First Quarter of 2020 with a Normalized Net Income of Baht 219.0 million, a 18.8% decrease from 1Q2019 while Net Profit of Baht 43.5 million
proportion higher than a decrease in cost. Performance of hotel business Revenue from hotel operations The Company adopted a new hotel revenue and cost recognition from 2019 onwards in which net revenue from
at 35.3% decreased from 50.1% in the same period of previous year) mainly from a decrease in revenue proportion higher than a decrease in cost during mall closure period that no revenue recognition but
period ended 31 March 2019 which has been reviewed by the Auditor. The overall of the Company’s performance can be summarized as follows: Performance (Income Statement) Q1.2562 Q1.2561 Increase/(decrease
decrease compared to the 1st quarter of 2015 because the Company and its subsidiaries had the amount of loan recognition in year 2016 less than those of year 2015. 7. Income tax expenses K.C. Property Public
of equipment or the project therefore delaying the operation and delivery of the project. As a result, the revenue recognition in Q1–2020 has also decreased. However, the revenue in Q1–2021 slightly
THB 32.09 million or 35% due to the reduction in recognition of share of profit from investment in TSE from 20% to 10% of the paid-up capital of TSE and decrease of profit of TSE due to increase in
In Q4/2018, the Company and its subsidiaries recorded total sales of Baht 1,456 million, a decrease of 5% YoY, mainly due to drop in export CMG, domestic CMG, and domestic branded sales. However