, 2016 due to the lower bank overdrafts and short-term loan outstanding for the three-month period financial statement ended September 30, 2017. A part of the proceeds from the disposal of assets were used
. 2.5 Income Tax Expenses Income tax expenses for the nine-month period were Baht 55.1 million, an increase of 39.0 million or 241.7%. The increase was mainly as a result of the consolidation of the hotel
, pocket books and children books. 2. Costs and expenses for the nine-month period of 2017 increased by 47% compared to the same period of 2016. The main reasons were as follows: Cost of goods sold and
were the results from the processing of cold rolled stainless steel sheet and coil such cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as
. Moreover, in the “Year of Shift”, the target customers of the Company were changed from middle to lower- middle income earners to upper-middle to high income earners. New projects targeting the new group of
were THB 83.8mn, an increase of 60.2mn or 254.9% compared to last year. The increase was mainly as a result of the consolidation of the hotel business in Europe. 2.7 Net Loss After taking all of the
27%, those were resulting from sales and service income from the business. Ice Machine and Industrial Refrigeration increased 515 MB or 22%, Machinery for Liquid and Food increased 435 MB or equivalent
statement ended December 31, 2016. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short-term loan outstanding in March 2017. For the financial statement
from revenue recognition by % of completion of projects which were hired on 2016 – 2017 together new projects awarded on 2018 of 11 projects. The portion of each segment revenue of 2017 – 2018 as follows
industry sector and tourism industry sector were main drivers, to support the overall Thai economy. Moreover, the inflation rate increased 0.8 percent while the unemployment rate remained under 1.0 percent