. - Revenues from hotel operations in Q1/2019 amounted 88.15 million baht increased by 9.18 million baht or 11.62% from 78.97 million baht in Q1/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
. - Revenues from hotel operations in Q2/2019 amounted 71.35 million baht increased by 8.98 million baht or 14.40% from 62.37 million baht in Q2/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
in competitor and the economic downturn in the country. Gross Profit The Company’s gross profit in 2017 is THB 99.52 million equivalent to 25.30 percent, in which the gross profit margin of the Company
competitor and the economic downturn in the country. Gross Profit The Company’s gross profit in 2017 is THB 99.52 million equivalent to 25.30 percent, in which the gross profit margin of the Company has
equivalent to 14.00 percent which resulted from increasing in competitor and effect from Coronavirus Disease19. In addition, revenue from contract works and revenue from rental incomes is increased by THB
mainly decreased from the customers of the Government. According to the increased of the market competition both of the competitor and the pricing, some projects could not continue to extend the services
by THB 29.59 million or equivalent to 20.22 percent due to increases in competitor and the economic downturn in the country. Gross Profit The Company’s gross profit for 1st Quarter 2017 is THB 31.00
to 13.22 percent due to increases in competitor and the economic downturn in the country. Gross Profit The Company’s gross profit for 2nd Quarter 2017 is THB 60.46 million equivalent to 27.01 percent
the increased of the market competition both of the competitor and the pricing, some projects could not continue to extend the services. However, the Private sector’s customer has continued growth, both
baht in 2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok. - Management fee income in 2019 amounted 87.93 million baht increased by 28.42 million baht or 47.76% from 59.51 million baht in