has deployed measures to stimulate short-term spending. Private investment also slowed due to a decline in the real estate sector. Meanwhile, the need for machinery investment was subdued due to lower
depreciation of plant and machinery that contributed to higher share of cost of goods sold. In addition, the Company executed sales promotional campaigns for slow moving inventories that accounted for lower
concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost
revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a
investment particular in machinery and equipment, industrial production, manufacturing capacity, and the value of merchandise exports were also better. Rising government expenditure is another significant
from the first draw down date with the same mortgage value for Land, Building, and Machinery Mortgaged in order to use the fund as working capital in business operation, and purchasing imported raw
EGAT. At present, the Project has already been completed and all equipment and machinery have been sold out. 4. Trade accounts receivable – related par ties, long past due Unit : million Baht
Venture nor the operation of the project with EGAT. Currently, the project has already been completed, all equipment and machinery have been sold out. On March 18, 2020, the meeting of creditors of the
and all equipment and machinery have been sold out.And is in the process of submitting the matter to the receivership officers for approval of the dissolution of the joint venture and appointment a