, which is a result of the ability to deliver more work to more customers and recognize revenue according to the success of project and rising oil and labor costs resulted in a decrease in gross profit
sales was better from the same period of last year due to higher sales growth resulting in lower waste and ability to control key raw materials’ price. Selling Expenses Selling expenses of Q3’2018-2019
57.7 Million Baht or 10.3% compared to the previous year as the Company was able to manage raw material and labor cost more efficiently, resulting in higher gross margin. 3 Cost of Food & Beverage Costs
from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices. Selling and Administrative Expenses In Q2
. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices. Selling and Administrative Expenses In Q2 2017, selling and administrative expenses
from same quarter last year, representing the Company’s ability to manage cost of goods. Other income In Q3/2019, Other income was recorded a slightly increase of Baht 0.4 from same quarter last year
mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices
environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and
1,375 million Baht. The significant increase was mainly due to the ability to continually transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon totaling of 94 residences, and to recognize revenue
employees’ retirement benefits according to New Labor Act and recorded loss on impairment of assets in the fourth quarter of 2018. In terms of proportion to total revenues, operating and administrative