procurement process. In 2018, the Company delivered the large-scale projects with a value of more than 100 million baht such as a project of mobile signal and high-speed internet in a border area, a project of
development of products to meet with customers’ expectations. However, under the current situation, and without a clear signal from the Government with regards to the easing of the restriction period, the
carried out in Q2/2020. Management Discussion & Analysis Q1/2020 Positive signal from Mikka Coffee Stand amidst the pandemic In Q1/2020, After You introduced and piloted new coffee stands under the brand
in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb
Thailand. E-mail: ir@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited ทะเบียนเลขที่ 0107556000311 affected from the government’s policy to adjust the biodiesel mandatory
Administration (CFDA) at the beginning of 2 0 1 8 as the Company had to redesign its packaging to comply with the requirements of the license. Furthermore, the Company also found it necessary to adjust its sales
year to be in parallel with the plunge in sales revenue. Nevertheless, some of the sales expenses did not adjust promptly and did not fully mirror the slowdown in revenue as there is a lead time for
ongoing outbreak of COVID–19, forcing many customers to adjust their working method which have an effect on the operation and delivery of the Company's projects that cause the operation to be delayed than
reducing production cost and also negotiating with customers to review and adjust selling price every quarter. 2.2. Distribution costs for 2018 was in the amount of 4.95 million baht, increased by 1.16
with the plunge in sales revenue. Nevertheless, some of the sales expenses did not adjust promptly and did not fully mirror the slowdown in revenue as there is a lead time for certain expenses that the