had higher capacity utilization rate and had better cost management. In addition, the product development expense has considerably decreased since many new products already started commercial sales
development expense. The staff cost has been increased 78.97% compared to the same period of prior year. 7. The Group has disposed investment in associate (Well Korat Energy Co., Ltd.) on 30 June 2016 and has
development expense and expected credit losses according to IFRS. However, when compare administrative expenses with sale will be found that decreasing from 19.17% to 11.88%, which indicates that the Company
startup of new plant in Jiangsu for example rental expense and product development cost etc. 3. The consolidated net loss was 0.39%, last year’s net profit was 0.88%, mostly caused by the reduction in gross
+ 𝛾8𝑆𝐴𝐿𝐸𝑆𝑖𝑡 + 𝛾9𝑆𝐴𝐿𝐸𝑆𝑉𝐴𝑅𝑖𝑡 + 𝜀𝑖𝑡 (6) where 𝑅𝐷𝑖𝑡 is research and development expense scaled by a lagged market value of equity. 𝐶𝐴𝑃𝐸𝑋𝑖𝑡 is capital expenditure scaled by lagged market
SAAM Energy Development Public Company Limited - 1 - 7 August 2020 Subject: Management Discussion and Analysis for the period ended 30 June 2020 To: The President The Stock Exchange of Thailand SAAM
absence of revenue from the property development business and increase in administrative expense as explained above. Summary of Financial Performance Analysis of the Operating Results Revenues For the
5.6 percent mainly from the repair and maintenance expense. 3. Commercial Development Business In the second quarter of the year 2018, total commercial development revenue was Baht 160 Million
) depreciation expense for the solar power project, (2) operation and maintenance, and (3) other costs such as utility expenses, insurance, and power development fund. In Quarter 3 of 2020, costs of sales amounted
Baht 3,687 Million, representing an increase from the previous year by Baht 127 Million or 3.6 percent mainly from the repair and maintenance expense. 3. Commercial Development Business In the year 2018