decrease was mainly due to the lower revenue from enterprise solution business. The Group’s profit for the third quarter of 2019 amounted to Baht 112 million, which was decreased by Baht 25 million or an
assets of the Company and its subsidiary decreased by Baht 29.05 million or 1.00% compared with last year, mostly due to a decrease in cash and cash equivalents of Baht 59.68 million resulting from
the same period of the previous year by 3.83 million Baht and 12.38 million Baht respectively, due to the lower sales caused by the depreciation of Thai Baht and intense competitive situation in foreign
period last year. In that, it comprised of 12.08% of gross profit margin from sales and -61.33% of gross profit margin from services. The main reason for the decrease was from services segment due to
projects. Trade and other payables decreased by 361.4 MB, representing a decrease of 27.0% due to Q2–2021, the company paid for goods and services according to the credit term, therefore, the trade accounts
the previous year due to continue an increase of export and private consumption, as well as an expansion of private investment. In addition, there were supporting factors from domestic demand from the
expanded at a slower pace compared with the same period last year due to a contraction in merchandise exports resulting from uncertainty in the trade policies of major countries and the Baht’s ongoing
growth in sales of dessert cafés, which accounts for the largest share of revenue. The growth in sales of dessert cafés was mainly due to the improving COVID-19 situation, as a result more customers are
mainly due to the increased in cost of sales and services of many large-scale projects which their gross margin were low due to a high market competition. In addition, In Q2–2019, there was an additional
of 2019 was Baht 38 million, a decrease of 24 percent compared to the second quarter of the previous year, this was due mainly to a decrease in the size of the Company’s credit balance accounts. 1.4