million, or 6.65%, in the first quarter of 2021 due to the Company’s more contract manufacturing in full-service format, resulting in the recognition of cost of raw materials and packaging materials
, resulting in the recognition of cost of raw materials and packaging materials included in the cost of sales and service and the increase in new customers increased the cost of sales compared to Q1'21
property management business, the revenue recognition also improved. Revenue recognition was THB 12.75 million, increased by 41.3% from the same period of last year. In summary, revenue from rent and service
Company’s revenue from sales and cost of sales increased when compared with the same interval of last yearbecause the recognition of revenue and cost of food business by started to recognise from Bake Cheese
the recognition of trade receivables. The inventories decreased by 18.35 million baht due to the inventory day management decreased. In addition, the Unbilled receivable for project decreased by 34.79
compared with the same quarter last year was due to the expedited delivery of projects such as USO (Phase 2), Cable Landing Station and CAT-IDC, together with the revenue recognition of MA USO (Phase 1
, 10% commercial area and utility area (Green area) 20%. The condominium project in Hat Yai, Songkhla province is under the company and a subsidiary of a total of 4 buildings, with revenue recognition
and strict compliance with the respective principles and guidelines has brought about recognition of corporate governance standard in the Thai capital market. I trust that continual cooperation from all
( “ the Company” ) would like to submit our management’s discussion and analysis for the fiscal year ended December 31, 2019, as follows: For the year ended December 31 Change 2019 2018 MB MB % Sales