economics’ slowdown is expected to continue in 2Q19 since the negative impacts remain unsolved. The global economic is expected to be pressured from an uncertainty of the USA-China Trade War. New government
joint venture investment. Therefore, there is uncertainty in the value of the investment in the project which is expected to be finalized before the Extraordinary General Meeting of shareholders No.1/2018
, decreasing by Baht 14.98 million, mainly from unrealized loss from investment in listed securities due to the highly volatile market this quarter which resulted from the uncertainty of COVID-19 outbreak and
assets prices can cause uncertainty for users and recipients. While some digital asset business operators may offer to convert the digital assets into Thai Baht for the receiving merchant, price
cannot generate revenue immediately; some investments are not fully utilized or have not reached an optimal level yet; and some projects are delayed. Thus, costs per unit climbed up at this point; 4
cost of one project affecting a reduction of income of Baht 20.51 million and also the estimation of penalty charge of two projects expected to be delayed affecting a reduction of income of Baht 5.47
Q2/2020. Main reasons were delay to start work of new projects and award schedule was delayed by pandamic issue such as Engineering work in their headquater have been delayed. Additional, main
to control the epidemic situation of COVID–19, causing many customers to change the method of work. As a result, the operation and delivery of the Company's projects were delayed more than usual. In Q2
, the Company delayed sales transaction to several customers in the zones since the Company would like to collect overdue balance from the customers first. Moreover, sales to European countries decreased
Social Security Scheme to whom the Company and the subsidiary provided the medical services compared to that in the previous year and of the Social Security Office’s partially delayed payments to be made