Page 95 - Anual report STi 2022_eng
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Revenue, Cost, and Gross Profit From the Services of the STI Group For the Year Ended December 31, 2021 - 2022
Consolidated Financial Statements Year Ended
Items December 31, 2021 December 31, 2022
Million Baht Percentage Million Baht Percentage
Consulting and project management business
Service Income 1,441.37 100.00 1,416.18 100.00
Cost of service 988.29 68.57 958.44 67.68
Gross profit 453.08 31.43 457.74 32.32
Architectural and Engineering Design and Other businesses
Service Income 291.43 100.00 320.66 100.00
Cost of service 237.41 81.46 240.03 74.85
Gross profit 54.02 18.54 80.63 25.15
Total Service Revenue
Service Income 1,732.80 100.00 1,736.84 100.00
Cost of service 1,225.70 70.74 1,198.47 69.00
Gross profit 507.10 29.26 538.37 31.00
The STI Group has a gross profit from the consulting the gross profit from the architectural and engineering design
and project management business in 2021 - 2022 in the business and other services increased by 26.61 million baht,
amount of 453.08 million baht and 457.74 million baht, or 49.26 percent, compared to the previous year.
respectively, representing a gross profit margin of 31.43 Overall, the STI Group has a gross profit in 2021 - 2022
percent and 32.32 percent each year. The STI Group had of 507.10 million baht and 538.37 million baht, respectively,
an increase in gross profit from such business in the amount or a gross profit margin of 29.26 percent and 31.00 percent,
of 4.66 million baht, or 1.03 percent, compared to the previous respectively.
year. This reflects the ability to better manage service costs Administrative expenses
after the COVID-19 epidemic subsides.
The STI Group has administrative expenses in 2021 -
In addition, the STI Group had gross profits from 2022, in the amounts of 294.23 million baht and 318.76
architectural and engineering design and other services million baht respectively.
in 2021-2022 of 54.02 million baht and 80.63 million baht,
respectively, or a gross profit margin of 18.54 percent and The details of administrative expenses in each year are
25.15 percent each year, according to numbers. The increase as follows:
in gross profit margin was mainly due to the easing of the
COVID situation, which caused some projects that had slowed
down to be able to deliver more jobs this year. As a result,
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