fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margins were 42.2% and 47.2%, respectively. The improvement of gross
improved profitability from 36.1% to 51.1%. The significant improvement of such GPM was as a result of the increase in land sale price. The gross profit margin from the asset monetization to WHART increase
had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the first quarter of 2018 was at 49.2
above. The gross profit margin during 2019 was 58.9%. The improvement of gross profit margin mainly came from higher occupancy rate. 2. Sale of Investment Properties Revenue and share of profit from
broadband market continued to expand with genuine demand for quality broadband at home but also faced intense competition from low-price packages starting at Bt299 offering throughout the year amid economic
and administrative expenses increased by Baht 2.12 million or 2.59% the main reasons are the expenses incurred from the expansion of subsidiaries, staff cost and expenses of hospital quality improvement
foundation improvement for Huay Bong 2&3 Wind Farm at June 30, 2017 are as shown in the table. Description Estimated total improvement cost (until year 2016) Estimate and cost for accounting recorded in 2017
.............................................................................................................................................................. 15 3.3. Pathway 2: Relative Performance Improvement ................................................................................................................................................. 16
Details of the costs involving to the WTGs foundation improvement for Huay Bong 2&3 Wind Farm at September 30, 2017 are as shown in the table. Description Estimated total improvement cost (until year 2016
foundation improvement for Huay Bong 2&3 Wind Farm as at December 31, 2017 are as shown in the table. Description Estimated total improvement cost (as of year 2016) Estimate and cost for accounting recorded in