) (13.55) 4.24 (31.29%) (20.76%) (11.15%) Adminitretive expenses (43.47) (46.28) (2.81) 6.07% (50.74%) (38.08%) Other expenses Doubful accounts 0.80 (0.86) 1.66 (193.02%) 0.93% (0.71%) Finance costs (16.78
and increase the efficiency of the company and its subsidiaries. In 2020, the impact of TFRS 9 Financial Instruments about Reversal(Doubtful Accounts) is recognized for credit loss amounting to Baht
managed the customer credit during Covid- 19, including monitoring and collecting accounts receivable, resulted in the decrease in allowance for expected credit losses. 3 Management Discussion and Analysis
31, 2020, total assets presented at Baht 3,542.9 million, increased by 9.7%. Current assets were Baht 1,325.4 million, decreased by 1.3% from trade accounts receivable. Non-current assets presented at
(11.60 ) (6.03 ) 5.57 (92.39%) (25.52%) (8.94%) Administrative expenses (24.94 ) (23.09 ) 1.85 (7.99%) (54.85%) (34.22%) Other expenses Doubtful accounts 0.86 (0.57 ) 1.43 (250.53%) 1.89% (0.84%) Finance
million or up 28.82 percent compared to the same period of last year. Increases in such expenses resulted the Company has set aside allowance for doubtful accounts. For debtors who have tracked debt and
mn, an increase of 180.19 THB mn compared to 31st December 2019. The major cause of such increase is cash, unbilled construction in progress and accounts receivable amounting to 96.82, 49.76 and 38.68
, accounting for approximately 77.39 percent of the construction and services revenue. While other construction revenue comes from customers in the public sector. It accounts for about 22.61 percent of revenue
or 2% from year ended 2019. Total current assets amounted to Baht 3,637 million, increased 1% from year 2019 mainly due to increase in Trade accounts receivable by Baht 123 million (mainly from the
construction in progress and accounts receivable amounting to 89.09 and 94.15 THB mn, respectively. As of 30th September 2020, the company’s group has total liabilities of 542.28 THB mn, an increase of 1 5 3 . 4