inventory, the sales promotion expenses (excluding ownership transfer expenses) increase 26.76%. As a result, the net profit has decreased 5.34% from that of the same quarter of the previous year. In Q1/2018
institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore
will be handed over and the ownership will be transferred in the latter half of 2018. As for single home projects, the Company has bought a piece of land and started developing “BAAN 365 RAMA III”, a
performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
adjust its operation to accommodate such measures. The Company has assessed and prepared for the impacts of the measures by liquidating the inventory, regularly organizing marketing activities and planning
, story boards, model characters) ▪ Production (i.e. modeling, animation preparation, character animation) ▪ Post-production (i.e. music and sound, editorial) Ownership of intellectual property rights
derived from the inventory which accounts for 79% of the income recognized in Q3. The gross profit margin is thus lower than 30%. However, the Company is able to control the expenses on sale (excluding
reflects the release of built-up inventory in China during the quarter. Final demand in both segments is resilient. IVL reported a higher OCF of US$265M in 4Q19 driven by lower working capital requirements
channel remains unclear as there are remaining inventory of completed houses ready for ownership transfer. According to such direction, it has been assessed that sales in the first half of 2020 will slow
million THB to 21,250.21 million THB. The main reasons are as follows: 1) Cash and cash equivalent increase 8.77% from 31 December 2017 as a result of the performance of the Company. 2) Inventory increases