397.1mn in Q1/2019. GPM in this quarter also decreased to 11.7% from 28.6% in Q1/2019. The pressure on the GPM in this quarter was because the economic downturn which started since late 2019 had caused the
-bearing debt to equity ratio of 2.41x, decreasing from 2.49x as of 31 December 2019. This was caused by decreased interest-bearing liabilities due to repayment of long- term loans and leasing loans as well
addition, the decrease of expense was caused by the reversal of allowance for doubtful accounts owing to the winning of the lawsuit of Baht 7.29 million. The provision of impairment of assets was decreased
decreasing due to the impact of COVID-19 outbreak, such preventive measures of social distancing and curfew. It caused the Group had to improve budget costs control in some projects. Such as increased costs of
period (during the low electricity tariffs) and the average capacity utilization was only 37.25%, thus, the current estimated useful lives under straight-line depreciation method caused the Company to
profit for the same period last year and in Q2 / 2020, the gross profit from ocean freight was 36.47. Million baht, a decrease of 15.68% of gross profit for the same period last year. Caused by lower
/2020 is originated from the natural death of animals. For the second quarter of the year 2020, the temporary close of operation has caused no operational profit but the fixed cost, gross loss was Baht
of Q1–2020 caused many customers to delay the delivery of equipment or project until this situation can be controlled. Therefore, the revenue from Sales, Service and Construction contracts in Q1–2020
. Apart from the distribution disruption, negative factors affecting tourism in Thailand still emerged and caused a material fall in the number of tourists, especially from China, which is our target