AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain
of year 2019 to the level of 300,000 tons, which was due to the lower palm oil output at the end of 2019 and the higher crude palm oil (CPO) demand. It was the result of the government’s measures
increased dynamism in exports of goods and services (source: IMF, October 2017). Steel output so far in 2017 is up 11% in Thailand and we expect this trend to continue. Also, sugar cane harvest is expected to
. This was mainly caused by the reduction of input tax of solar cell and equipment for solar energy which has been gradually deducted from output tax during the 9 months. Statement of financial position
+7.0%. The manufacturing sector entered a downturn in the second half of March, with output and the PMI falling to a record low. Moreover, business sentiment deteriorated throughout Q1 and dropped to an
from constuction of EPC service and revenue from construction contracts which are defined output by using the percentage of completion method. Currently, the Group has backlog for construction services
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statement ended December 31, 2017 4) Value of Consideration The purchase price shall be Baht 98,520,000 with 100% payment upon delivery and inspection at the warehouse or POC. 5) Calculation of