the year 2018 by Baht 4.51 million or equivalent to 18.54 % mainly due to decreasing of advertising and promotion expenses – CLMV (because the project was canceled) and decrease of sales incentive by
million due to redemption of debenture in January 2020 in the amount of THB 300 million Trade and Other Current Receivables decreased by THB 159.65 million from those as at December 31, 2019 to THB 87.65
Project CROSSROADS Phase 1 which commenced the operation on September 1, 2019. Significant Developments Disposal of shares On February 17, 2020, according to the terms under the Joint Venture Agreement, in
also decreased by Baht 4.78 million in current year. 1.1 Revenue For the year ended 31st March 2019, the Company and its subsidiaries had revenue from sales and service of Baht 3,293.90 million compared
-use development projects, as many of GLAND’s assets are located in high-potential locations capable of large-scale project development, thus increases the competitiveness in the industry and create
upscale successfully developed hotels, as part of Project Crossroads Phase 1 in the Emboodhoo lagoon in the Republic of Maldives, consists of two islands undergoing development, (i) SAii Lagoon Maldives
is decreased from 28% to 9%. It is mainly due to lower gross profit margin of the design and installation of telecommunication network and signal equipment project work and the increase of reduction of
Solar Rooftop to promote green environment and optimize utilities. The first project is in Phra Nakorn Sri Ayutthaya outlet and continues to roll-out to other outlets in the future. 4 Financial Position
of short- term borrowings from financial institutions by using money gained from trading of its ordinary shares in the MAI stock exchange. • Other current assets decreased by Baht 19.58 million. This