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
customers had a temporary delay of payment. However, the said customers still have the active status and can make the payment to the Company continuous increasing after ended of quarter 2. In addition
had higher sales than the quarter 4 of year 2017. However the said customers still have the active status. Whereas cash and cash equivalent decreased Baht 31.04 million mostly from repayment of loan and
loss whereas the number of active stores were decreased from 141 stores to 102 stores compare with the same period of last year. Cost of Sales and Gross Profit In the 1st Quarter of 2018, the Cost of
companies from possessing characteristics of an investment company in investments without active involvement in management. This includes investments in securities, derivatives or digital assets at a
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