year affected to end user to delay their purchasing order from the retail store and therefore the distributor delayed ordering for their stock as well, together with the delivery plan were delayed to Q3

, had paid all of loans to the Company. Inventories decreased by 81.4 MB or decrease of 26.6%. This is because the project in accordance with the contract had completed for delivery in the end of Q2–2018

147.41 Million Baht subsidiaries was effected by COVID-19 virus, resulting in decline in delivery  Unrealized gain from measurement of financial asset of 247.03 Million Baht as adjustment on fair value of

) 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

Topic Outstanding by Quarter Change Q4 – 18 Q3 – 18 Q4 – 17 Q4 – 18 VS Q3 – 18 Q4 – 18 VS Q4 – 17 (MB) (MB) % (MB) % Total Revenue 1,109.5 1,053.3 1,279.4 56.2 5.3% (169.9) (13.3)% Total Operating

the following factors: 1) gradual relaxation of COVID-19 epidemic control measures and progress in vaccination 2) the impact of outstanding demand from the previous quarter and 3) government policies

resulted from the delay of project to improve and add CCTV which had a low gross margin as well as the increase in cost of ERP project incurred during the final delivery period. Retail business In 3Q17, the

statement ended December 31, 2017       4) Value of Consideration The purchase price shall be Baht 98,520,000 with 100% payment upon delivery and inspection at the warehouse or POC. 5) Calculation of

item Baht 497,000.- Total Baht 5,181,500.- - Remuneration policy : Price depending on the market price and negotiation - Payment term : Payment within 30 days after delivery of the assets (7) Funding