and loss on exchange rate offset by a reduction in allowance for doubtful debts. Share of loss from investment in associates decreased by Baht 46 million mainly relates to the profit from Thai Wah PLC
. - Cost of sales decreased from Baht 393.55 million in 2016 to Baht 324.85 million in 2017, or 17.46%, due to the decrease in labor force from the voluntary resignation program and the cost reduction
registered share capital. Upon the completion of the transaction, the Company’s shareholding has been diluted from 33.98% to 21.88%, so the Company recognized gain due to the reduction in ownership interest. 4
55.69% in the first quarter of 2021 due to some reduction of orders from clients and the Company’s process of changing its customer base while also preparing to accommodate new clients this year. Moreover
negotiating with the claimants for reduction of the claims amount, and the final result of this negotiation has not been reached. Financial Costs The Company’s financial costs in 2018 were THB 7.12 million
services and sales of construction materials The Company and its subsidiaries had cost of construction services and sales of construction materials amounting to Baht 26,975.66 million, a reduction by Baht
appreciation against other currencies, therefore, the Company recognized lower revenue, profit and profit margin. Thus, the company planned to boost domestic sales and to enhance measures of waste reduction from
% from the revenue from services business of Baht 961.48 million of 1st quarter of year 2018. The significant decreasing came from the reduction of the revenue from construction works of substation
percentage of sales, gross profit margin improved from 7.2% in Q1 2018 to 8.9% in Q1 2019, driven by cost reduction measures and improved efficiency and increases of gross profit from tooling sales in Q1 2019
reduction of administrative expenses, which will also be beneficial to the performance results of the Company. The Company will further dissolve and liquidate the Subsidiary in accordance with the laws. (2