’ efficiency. 9. Litigation In September 2018, the Company was sued by a disputant company for its non – compliance with the memorandum signed in August 2018, claiming a compensation for damage of Baht 9.2
% from 32.9% in Quarter 1/2018 to 25.9% in Quarter 1/2019. The reason was from manpower expense per branch reduced from efficiency and re-designing workflow in order to bring down staffs’ wages. Moreover
Company’s operation efficiency as a whole. Estimated Dissolution and Liquidation period Q4 /FY2021 Acquisition and Disposition on Fixed Asset 2.19% of total asset in Q1/2019 (under the total value of the
efficiency and maximize the synergy between business of COMASS and the Company. Details of COMASS’s business Background and Type of Business Engage in advertising media business which is out of home media, e.g
purchased accounts receivables was 867.7 million baht or an increase 176.1 million baht or an increase 25.5% from the same period last year. This was as a result of the Company collection efficiency increase
depreciation caused by the investment in machinery to improve production efficiency, reduce cost of production in the future, and support more sales volume in the future. - Administrative expenses decreased by
and efficiency gained from Phase 3 of the new plant that supported volume growth helped lessen the effect of the above on profit margin. Administrative and Selling Expenses Selling, general, and
Profitability Ratios The gross margin was 25.50% and the net profit margin (%) was 19.42% Performance Ratio The return on assets (8.74) indicates that the company can not use the asset efficiency. To achieve
purchased accounts receivables was 691.7 million baht or an increase 159.7 million baht or an increase 30.0% from the same period last year. This was as a result of the Company collection efficiency increase
the six-month period. The increases of the cost of sales and service were due to more sales volume; as well as more depreciation caused by the investment in machinery to improve production efficiency