inventory on lower- margins from sales. Total expenses were Baht 450.0 million, decreased by 5.9% compared to same quarter last year due to measures taken up to control expenses. As a result, the Company

shutdown expenses 38.6 9.4 309.7 82.4 25.2 227.5 Allowance for the decline in value of inventory 1.7 3.9 (56.9) 3.0 5.1 (42.1) Selling expenses 69.7 83.4 (16.4) 142.8 167.1 (14.5) Administrative expenses

million, results include the planned River Wing renovation works which significantly reduced available room inventory for sale. The target opening in October 2019 has been delayed, however the risk

company, while the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and administrative

million in the second quarter of 2017 to Baht 48.55 million in the second quarter of 2018, increased by Baht 3.97 million or 8.9 percent as the company still has improved on the inventory cost management as

could be exchanged or a liability settled between knowledgeable, willing parties in an arm's length transaction. 4. New policy on allowance for obsolete inventories Inventory from 1 year and above and

71.9 Allowance for the decline in value of inventory 2.2 0.9 150.6 12.4 3.9 219.9 Selling expenses 49.7 73.7 (32.6) 157.1 216.5 (27.4) Administrative expenses 38.8 38.0 2.1 98.0 142.5 (31.2) Foreign

anniversary, and these collections are suit for every customer segment e.g. CENTENNIAL JUBILEE 90 FACTES, 90th ANNIVERSARY COLLECTION, EVENTAIL, THE EXCELLENCE OF 19, THE YELLOW MYSTERY, THE PINK MAJESTY

Generating Authority of Thailand. It is expected to commence commercial operation in 2019. 1.4 The Entering into the Concession Contracts of the MRT Pink Line Project and the MRT Yellow Line Project As the

(Khae Rai – Min Buri) and the MRT Yellow Line (Lat Phrao – Samrong) As the Company together with BTS Group Holding Public Company Limited (“BTS”) and Sino-Thai Engineering & Construction Public Company