property, plant and equipment of Bt296 million, a decrease in cash of Bt271 million, a decrease in the value of trade receivable and other receivable of Bt253 million, and an increase in contract costs of
Bt16,501 million at the end of 2019, was due mainly to an increase in cash of Bt426 million, an increase in the value of trade receivable and other receivable of Bt353 million, an increase in inventory of
, goodwill amounting to Baht 170.43 million, finance lease receivable amounting to Baht 149.38 million, investment in associate amounting to Baht 139.09 million, and cash and cash equivalents amounting to Baht
Bt868 million from Bt16,501 million at the end of 2019, was due mainly to an increase in cash of Bt1,520 million for a liquidity reserve, a decrease in the value of trade receivable and other receivable
increased by THB 126.92 Million or 8. 06% compared with December 31, 2019. The increase of total assets mainly came from increasing in trade receivable and other receivable together with inventories due to
loan commitments and financial guarantee contracts. Recognition of allowance for doubtful accounts uses expected credit loss model. As a result of this, the allowance for doubtful accounts is recognized
. Administrative expenses Administrative expenses in Q3–2020 increased from Q2–2020 and Q3–2019 according to the increased in results of operations. In addition, in Q3–2020, the provision for doubtful accounts for
2019 that it had relatively low gross margins. Administrative Expenses Administrative Expenses of Q3–2019 increased from Q3–2018, mainly due to the allowance for doubtful accounts for the trade
lower change rate than the change rate in revenue when compare to Q1–2020. This is because there were higher selling and administrative expenses (SG&A) in Q2–2020 due to the provision of doubtful accounts
accounts had been recorded. In addition, decreasing in employee expenses were in line with decreasing revenue. As the result, the administrative expenses of Q1–2018 were lower than those of Q4–2017