Positions as of December 31 2015 2016 2017 Current assets Cash and cash equivalents 0.03 0.18 0.10 Temporary investment 0.02 - - Trade and other receivables 60.56 77.39 102.40 Short-term loans and related
Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the
(Hereinafter called “The Company”) still has carried adjustment of the business strategy to focus on the large project since last year and we got purchase order from big industry in this year in an amounting of
luxury condominium projects, “the Estelle Phrom Phong” and “TAIT 12” with the first week pre-sales volume of more than 40% and 60% of the project value, respectively. November Appointed Mr. Bancha
Riverside Bangkok and sales of land plot of Santiburi the Residences. Page 3 of 7 Management Discussion and Analysis 1Q2019 Residential projects for sales as at 31 March 2019: Project Project value Sold
considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1/2019 3 G J Steel Public
this quarter is considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1
rationalization project. Second, we finalized and launched (trial operation) the 2MW Solar plant, that has already started to generate the expected savings as well as further contributes to the green credentials of
direction. Therefore, total revenue increased by 1.5%, but the change in total expenses decreased by 2.2%, due to the higher gross margin of project delivery Q1-2017 compared to that of Q1-2016. Net Profit of
.4 1 million or equivalent to 21.54% mainly due to decreasing of advertising and promotion expenses – CLMV by Baht 2.05 million (because the project was canceled) and increasing of sales incentive by