institutions. Income tax expense Income tax decreased Baht (3) million, which was mainly derived from the overall operating results after new fixed cost allocation in group. 3 Months Quarter 2 2020 2019 Change
+/(-) 1H/17 1H/18 Change +/(-) (THB million) QoQ YoY YoY Operating revenue 5,459 5,716 6,563 15% 20% 10,825 12,279 13% Cost of sales (exclude depreciation and amortization) (4,203) (4,069) (4,729) 16% 13
. Income tax expense Income tax increased Baht 4 million which was mainly derived from the overall operating results. Cost and expense from delayed project In the third quarter of 2018, the Company has
various cost reduction initiatives. Reductions in operating costs and general administrative expenses, such as utility cost, certain outsourced services and excessive administrative costs at both business
YoY, and net profit of THB 2,902 mn, a 2.8% increase YoY. The result demonstrates CPN’s resiliency in achieving both revenue and operating profit growth despite an increase in financing cost following
value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment properties, which represents most of GLAND’s operating cost, is higher
at that time. As a result, the depreciation and amortization expenses from those investment properties, which represents most of GLAND’s operating cost, is higher under CPN’s book compared to GLAND’s
value of investments in subsidiary, dividend income and the compensation from the cancellation of the agreement) divided by ASK. Cost per ASK (CASK) : The sum of operating cost, sale expenses, service
Revenue 884.7 1,959.9 1,075.2 121.53 1,899.8 4,014.3 2,114.5 111.30 Operating Expenses Cost of real estate sold 500.8 886.1 385.3 76.94 1,047.7 1,971.2 923.5 88.14 Selling and commission expenses 137.2