. - Revenues from hotel operations in Q1/2019 amounted 88.15 million baht increased by 9.18 million baht or 11.62% from 78.97 million baht in Q1/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
. - Revenues from hotel operations in Q2/2019 amounted 71.35 million baht increased by 8.98 million baht or 14.40% from 62.37 million baht in Q2/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
baht in 2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok. - Management fee income in 2019 amounted 87.93 million baht increased by 28.42 million baht or 47.76% from 59.51 million baht in
the company has one time payment THB 5.40 Million, from the early retirement scheme which the company activated during Q2 to reduce the fixed cost from the full time employee. From now on, the company
value. 22 Example of choices • Value Redeem when the value of investment rises or falls by a certain percentage. • Capital appreciation Activated when capital gains or losses become equal to, more than or
activated. In the case where a licensee has obtained more than one license, the licensee shall pay the total fees of all activated licenses collectively at the same time. Clause 4 The licensees of the
given the new kiln was not activated. 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in property, plant and equipment due to
from decrease of Total Shareholder Equity from adopting new accounting standard TFRS 15 and activated of Long-term borrowings from financial institutions of Baht 21.3 million. 3. KEY FINANCIAL RATIOS 31
, plant and equipment due to kiln 7 being activated and the additional assets from the Saraburi Quicklime acquisition. On the liabilities side while the short-term borrowing facility is stable an increase