the same period last year. The decline in sales of industrial water systems was due to the special orders of a project contractor in the previous year. In the first quarter of 2018, there was only a
due to delay of project and delivery. 3. An increase in other current assets at amount of Baht 37.57 million due to withholding tax of investment in machine of the Company’s subsidiaries was on
from our subsidiary, the Special Purpose Vehicle project (SPV) and well-managed funding cost. However, finance cost in the third quarter of 2018 accounted for 10%. The average funding cost decreased from
million and Baht 2.52 million or equivalent to 21.77% and 13.82% mainly due to decreasing of advertising and promotion expenses – CLMV (because the project was canceled) 1.4.2 Administrative expenses Unit
investment in new project having instant recognized operating results. Furthermore, the decrease in deferred revenue of THB 2,033.4 mm was mainly caused from reversal of deferred revenue due to recognition of
property development business amounting of 0.72 Million Baht, as the construction process of the project 7. Financial Cost increased 3.02 Million Baht, or 108.63% because the Group using short term credit
notification of project awarded no. CAZ-016-2563, dated 13 July 2020). Additional, at present bidding construction contracts from target customers are based on their requirements. Lead to the Group construction
of 40.80mb and finance lease payment of 17.4mb. After IPO fund raising, the Company has no financing project as we have ample funds for a working capital and other investment plans. Please be informed
% primarily of the significant changes are from the additional purchase of property, plant and equipment of Baht 478.66 million mostly was the 5 construction in progress for Carnival Magic project, animals and
contributed 71.9% of total revenue or THB 368mn, decreased by 14.2% YoY. This was resulted from less revenue recognition from project management. Cost of sales increased by 5.7% YoY to THB 453mn mainly due to