again after the slowdown in 2016. Moreover, the Company has been more capable in participating new major projects which are in correspondence to the stimulus policy from the government side. Sales revenue
projects of the government and state enterprises have slowed down and increased more competition in the market. The majority of the Company's revenue recognized in 2023 comes from government and state
completely eliminate the default risk. B. Operational risk as source of revenue bases on Government Projects The disposal of investment will not affect to current and future operation of the Company as its
. Operational risk as source of revenue bases on Government Projects The disposal of investment will not affect to current and future operation of the Company as its core business still focuses on Engineering
and private investment going forward. In addition, tourism revenue is expected to rise satisfactorily. Government expenditure is also projected to expand further as infrastructure projects are being
Pursuant to Section 6(3) and Section 8(1) of the Royal Decree No. 750 issued by the Revenue Department, any VC or PE Trust wishing to receive revenue tax exemption is required to notify its VC or PE
from government are delay and slowdown. Cost of goods sold decreased 1.03% in portion of decreasing revenue. Cost of rental equipment increasing 1.58% nearly from the last year. Selling and Admin
the revenue from services and the interest income from lawsuit against a government agency as a trade account receivable. The total cost was reported at THB 672.1 million, increased by THB 70.5 million