during year 2018 and those projects were also delayed. In terms of total operating expenses will vary according to revenue of the company. Therefore, comparing the total revenue and total expenses between
commission, etc. Also, the Group had delayed the project of some expenses and maintained its liquidity during temporary branches closure by maintaining the ability to pay off the debts and obligations when
customer. In addition, the outbreak of COVID-19 has affected most businesses and industries, such as supply chain systems, consumer spending or production disruptions, as well as delayed operations
due to the high fiscal base effect in the same period last of year that have accelerated disbursement after the budget Act for the year 2020 was delayed, it remained at a high level. In Q1–2021, the
in Q1/2019, the subsidiary received income from the work delayed fines by the contractors and the company has income from sales of unused aviation refueling vehicles. While in Q1/2020 there are no such
reckoned when compared to the revenue of Q1/2019. The reason behind this revenue direction may be from the expanding of COVID-19 outbreak, causing some businesses’ alarmed condition, delayed investment, or
accordance with lower sales. Gross profit margin decreased from 11.24% in Q3 2020 to 9.34% in Q3 202, mainly caused by lower sales, delayed price adjustment of raw material price increases in our Portugal
, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 4.3 Liquidity adequacy Description units As of 31 December 2018 2017 Current Ratio times 5.54 7.63 Quick ratio times 3.38 4.47 Inventory turn over times 4.20
the annual dividend payment. Analysis of Liquidity. Transaction For the Year ended 31st December (Unit: Time) 2019 2018 Current Ratio 6.27 5.86 Quick Ratio 3.64 2.81 Inventory Turnover 3.22 2.91