nearing completion. Moreover, projects that are operating at still the beginning stage thus, the Company is able to recognize revenue only in proportion to the success of the work. 2. Cost of construction
-19, causing customers to delay in work delivery of many projects although the Company has already been hired. (2) Cost of sales The Company and its subsidiaries had total cost of sales at the amount of
100 per share) which is accounted for 38.00 percent of registered capital after the capital increase of Seahorse. And Seahorse plan to invest in the cargo and passengers-ship project between eastern
, an increase of THB 89.05 million or 35.32% from the previous year of THB 252.14 million. Revenue from rent and service came from leased spaces of warehouse/factory in Bangkok Free Trade Zone Project
cancelling the project investment in solar power plant in Philippines, setting an allowance for impairment of Goodwill of Baht 20.73 million and setting an allowance for impairment of investments in associates
Co., Ltd is in debt to the Company according to the purchase agreement to run the project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the contract, therefore
continuous long-term project. Thus, revenue from this segment increased. • The company’s revenue from Game & Production for year ended 2019 was THB 47.9 million, decreased 13.8% which amounting to THB 7.7
66.12% of income. Because in the quarter 2/2018, there was turnkey sales and installation of water supply system project whose cost was higher than the water management work, and made the average cost
. Engineering service (“EN”) had a decrease in gross profit for Baht (17.71) million because of decrease in revenue and revision of estimated project cost of construction and electrical engineering. 2. Management