, 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

) 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

income 25.33 31.38 -6.05 -19.3% Total revenue 3,319.23 3,407.57 -88.34 -2.6% Cost of goods sold & service 2,882.47 2,893.97 -11.50 -0.4% Selling & distribution expenses 67.77 66.05 1.72 2.6% Administrative

international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug

engaged in the manufacture and distribution of High Density Polyethylene (HDPE) pipe and related certain fittings, Low Density Polyethylene (LDPE) pipe, Polypropylene (PP) pipe, Polybutylene (PB) pipe

sales revenue stood at THB 877.83 million and THB 765.66 million, dropping 12.78% from declining revenue from overseas. This was a result of the delay in product delivery in China after the Company was

quarter due mainly to a slump of 52.42% in international sales revenue compared to the same period of the previous year. The reason for this is that the product delivery was delayed after the license was

into your home through our group e-commerce platform, mobile application, Line Chat&Shop and Call&Shop as well as free delivery service upon certain condition. Meanwhile, the Company has already taken

Results of the Company in Q3/2020 Q3/18 Q3/20 (THB million) YoY Operating Revenue 219 179 (18%) Cost of sales (82) (74) (10%) Gross Profit 137 105 (23%) Other Income 1 2 100% Selling and distribution