decreased as in Q3/2018 the delivery units of Transmission Tower Installation and Cable Network System in accordance with contract terms were high. Maintenance and Service Business For the 3-month periods
Company”) would like to submit our management’s discussion and analysis for the third quarter of 2019 ended September 30, 2019, as follows: (Unit : Million Baht) Jan – Sep Jan – Sep Increased/ (Decreased
gross profit margin in the year 2019 was 49.67 percent or decreased. Down from the same period last year by 13.79 percent, an increase in cost of sales corresponding With the increase of sales revenue in
decreased from the previous year. Due to the size of the project last year is larger than the current year project Resulting in both income And the cost this year and the previous year is different 2.2
decreased amount of 451.16 million Baht or 69.52% Because the ownership of the land and buildings has been transferred In order to pay the debt of the https://market.sec.or.th/public/idisc/Download?FILEID=dat
and equipment, and intangible assets. Total interest-bearing debts decreased 3.5% from Baht 55,205 million as of December 31, 2016 to Baht 53,259 million https://market.sec.or.th/public/idisc/Download
margin decrease 4.8% 6M YoY from 33.5% to 28.7%, mainly derived from gross profit margin of natural gas power plant decreased from 29.9% to 19.5% and decrease from 31.1% to 20.3%, respectively. This was
with increasing in inventory and trade accounts receivable corresponding to higher sales • Other Non-Current Assets decreased by THB 29 million mainly due to the recognition of depreciation expenses of
growth. However, China operations decreased slightly by 4.8% due to the rapid spread of Covid-19 after the relaxation of China’s zero Covid policy during December which resulted in a decrease in automobile
-Income Ratio) this quarter decreased to 36.5% from 37.2% in the previous quarter, as the Company can control operating and administrative expenses well through the Digitalization process. The operating and