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

asset under TFRS 16. 2. Accrued dividend increased by THB 205 million due to the approval the Company’ s Board of Directors on March 27, 2020. 3. Accounts payable and other accounts payables decreased by

million. (3) Debentures increased in the total amount of THB 1,139.58 million due to the appreciation of USD currency in relative to THB currency. (4) Trade accounts payable of Ratchaburi Electricity

–2018. This is because in Q1–2019, the company had recently purchased products and services of the large–scale project that had not yet been due for payment, resulting in the trade accounts payable

decreased of 8.33% from the same period of last year due to controlling the purchase resulted in a decrease in accounts payable of Baht 19.00 million and settle loans from third parties and long term loan

already installation resulted low inventories. Total liabilities was decreased of 12.76% from the same quarter of last year due to controlling the purchase resulted in a decrease in accounts payable of Baht

same quarter of last year due to controlling the purchase resulted in a decrease in accounts payable of Baht 8.14 million and settle loans from third parties and long term loan. The shareholder’s

Baht, total liabilities decreased 11.52% due to payment of trade accounts payable of 26.88 million Baht. And bank loan of 21.88 million Baht, shareholders' equity decreased 9.82% due to operating loss

Baht 18.02 million compare with last year mainly resulting from decreasing in long-term loan of Baht 36.74 million. While trade accounts payable, overdraft and other liabilities increased by Baht 18.72

projects. Trade and other payables decreased by 361.4 MB, representing a decrease of 27.0% due to Q2–2021, the company paid for goods and services according to the credit term, therefore, the trade accounts