source of long steady stream of revenue with low risk. The management of the company is expecting to start realize the income in the 3rd quarter of 2020, and will realize the income of all projects all
, following the decline in profit before tax. The effective tax rate was 18.9% increasing from 18.0% in 3Q21 due to expiring tax benefits and remain steady from 2Q22. SG&A expenses recorded Bt5,633mn, increased
, following the gradual economic growth and the export sector has expanded well from the economic recovery. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a
personnel expenses including additional employment in a newly established subsidiary, gradual improvement of employee benefits as well as higher R&D expenses. All above activities have been prepared for the
were limited to specific areas and types of housings. Trade businesses steadied or slightly expanded following a gradual increase of domestic expenditures. The improvement in economic activities helped
over wholesale sales to cautiously control the overall sales credit in this channel. As a result, sales for the current period decreased slightly by 5.4%. Despite the gradual economic growth and the
international HRC prices also impacted the margins with gradual improvement witnessed during the quarter. The reported quarter thus, resulted in reduced Shipment volume and EBITDA loss and Net Loss of THB 228
. By far, the Company believes that performance of hospitality business will slowly recover. Regarding residential business, the Company has perceived a sign of gradual recovery as number of walk