from reversal of inventory reserve for year 2016 from the selling inventory which already recorded inventory reserve, personnel expense to support business expansion, expense related to SET compliance
expenses and employee expense from business segment expansion. Summary of Financial Statement of Positions 30-Jun-18 31-Dec-17 Change %Change Assets Cash and Cash Equivalents 17.8 6.0 11.7 194.4% Trade and
employee corresponding to the expansion of the company, expense on hiring of independent specialists such as external auditor, internal auditor, and legal and accounting advisors, remuneration for directors
Profit from Operation was Baht 139.3 million, a 1.7% decrease from Baht 141.8 million in 2Q2018 due to the higher depreciation expense from the expansion pipeline system. In 1H2019, Gross Profit from
%. An increasing was mainly from administrative expenses which results from bad debt allowance in lending business and personal expense increase from business expansion. Operating profit in 2017 was 1,109
. This was primarily due to the Company’s business expansion which incur higher expense as well as extra expanses for new subsidiaries that operating commercial real estate business and food and beverage
relatively flat compared to 33.5% in 2018 due to higher depreciation expense from the expansion pipeline system. For our 2019 EBITDA was Baht 2,740.9 million, compared to Baht 2,854.8 million in 2018, or
expense from the expansion pipeline system. For our 2019 EBITDA was Baht 2,740.9 million, compared to Baht 2,854.8 million in 2018, or decrease by 4.2%. 6 2. FINANCIAL POSITION The Consolidated Balance
maintenance cost and depreciation expense from the expansion pipeline system. However, Gross Profit Margins of excluding Other Utilities Revenue was 34.3% in 9M2019 flat with 34.4% in 9M2018 For our 3Q2019
administrative expense to support business expansion. Without the non-recurring profit related to sale of Dusit Princess Korat, core EBITDA was THB 806 million, a 12.3% decrease from 2016. The Company reported net