profit from associates (non – cash items) total amounted to THB 179.05 million in aggregate and with excluding THB 55.89 million of finance cost and tax expense THB 17.18 million, loss before interest, tax
or 45% from last year. The Group realized a THB 38.72 million profits from the sales of Index Creative Village Group, leaving a 6.91% stake and deconsolidated earning report in this quarter. The Group
Street Furniture media under 22 BTS stations allowing MACO to offer higher visual impact advertising and more creative content for brands. Street Furniture media has already started commercialisation in
and SET3 intangible capital from expense capitalization following Peters and Taylor (2017) 𝑖𝑛𝑡_𝑐𝑎𝑝𝑖𝑡 = 𝐸𝐼𝑀𝑖𝑡 + 𝑂𝐶𝑖𝑡 Externally purchased intangible capital in balance sheet 𝐸𝐼𝑀𝑖𝑡
expenditures/total assets), intangible assets (R&D/total assets and advertising expense/total assets), cash holdings (cash holdings/total assets) and dividend payouts (total dividends/total assets), and asset
comprised of operating expense, selling and administrative expense, and depreciation, increased by THB 1,275mn (19.9% YoY) to THB 7,676mn. The increase in total consolidated expenses was contributed largely
the new projects and interest expense. The Company has anticipated the impact of Dusit Thani Bangkok Hotel closure that will result in lower performance. As a result, the Company has planned to create
the new projects and interest expense. The Company has anticipated the impact of Dusit Thani Bangkok Hotel closure that will result in lower performance. As a result, the Company has planned to create
was THB 118 million, a decrease of 3.3% yoy, mainly from a decrease in revenue sharing from Le Cordon Bleu Dusit due to additional expense in relocating to the new location as well as for business
profit are the followings: 1. Underwriting expense has risen by THB 78.74 million (19.83 %). However, this follows an increase in gross premiums written (sales) of THB 116.18 million (25.6%). Whereas sales