the exchange rate of 0.28 million Baht and the disposal of assets of 0.26 million Baht. - Selling expenses decreased by 25.62% from the same period of the previous quarter due to a decrease of
, respectively. As a result, the COVID-19 outbreak directly affects the import of raw materials of the Company for sale, resulting in a decrease in sales. The Bank of Thailand estimates that the growth rate for
affordable price. The Company has established the three-year strategic plan during 2022-2024 for the organization to achieve sustainable income growth rate and profitability as well as income and profit growth
. The decrease of financial cost was mainly in related to support the Company’s and its subsidiaries’ operation as well as impact by the averaged lowered interest rate as compared to previous year. 5. Net
margin is equal to 33.74%, which decreased from 40.17% as compared to the same quarter of 2019. This is because the customers’ purchase order had declined, and as a result, the overall utilization rate was
million baht. The current ratio as at March 31, 2020 is 0.68 times. While at December 31, 2019, the rate was 0.67 times. Non-current assets of land Property and equipment as at March 31, 2020 were Baht
of deposit interest rate and the loss from fair value measurement of other current financial assets which is short-term investment amount to Baht 0.13 million. Previous year, the Company gained profit
, decreased by 4 million baht or 31% compared to the same period last year due to loan and interest rate decrease. Corporate income tax In the third quarter of 2020, the Group had income tax 2 million baht
year and accounted for 11% of total revenues. The average funding cost in the second quarter of 2019 was at 2.99% decreased from 3.32% last year, 4 due to reducing trend of market interest rate and
of lower property development operations selling expenses. Administrative expenses decreased by Baht 71 million due mainly to a decrease in staff costs, loss on exchange rate, training & recruitment