) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major

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

sales revenue stood at THB 877.83 million and THB 765.66 million, dropping 12.78% from declining revenue from overseas. This was a result of the delay in product delivery in China after the Company was

quarter due mainly to a slump of 52.42% in international sales revenue compared to the same period of the previous year. The reason for this is that the product delivery was delayed after the license was

change is considered a revision of the project for the post-retirement benefit program. And has the effect that the Group has a provision for long-term employee benefits of Bt80 million which will record

to respond to the new outbreak as follows: After You implemented policy according to plan in respond to the COVID-19 outbreak including: 1. Effective cost control: controls employee-related expenses

margin in 2Q2023 was 6.10%, decreased from the gross profit margin of 37.11% in 2Q2022 due to the increase in employee-related costs to support the expansion of the team according to the number and scope

international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug

market. In addition, there were records of the doubtful debt of the long trade receivables, the employee expenses such as bonus and the provision for penalty on project delay. Therefore, comparing the

Baht 16.76 Million. Resulted from the increasing of employee expenses & compensations, audit fee, consulting fee and advertising expenses. 4. Profitability Gross profit and net profit of 3rd Quarter