. Revenue from sale of industrial equipment dropped by 20.40% due to decrease in demand on products. Other revenues comprise of revenue from revenue from sale of scrap and zinc, machinery rental, together
(align with TFRS#9 implemented early 2020), training fee, severance pay and loss from impairment of investment at the amount of 1.40 million baht. However, rental expenses have decreased by 0.32 million
% QoQ. The decrease was mainly due to selling and marketing expenses, personnel expenses, and rental in term of TFRS 16. Moreover, the Company efficiently controlled and managed expenses of existing
of 7.55mb or 36.1%. SG&A consists of mainly indirect staff costs, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the consolidation of TigerSoft’s result
business, the number slows down as per usual with the decent direction of property rental. Existing clients remain unchanged. The company has a plan prepared since the end of 2019 as the real estate business
machine and equipment rental, purchase of construction material and construction work for Highway No.7 Chonburi – Pattaya, and also survey of route at Kanchanaburi. The Company orders this company to repay
depreciation of rental equipment in Q1–2021. Other non-current assets decreased by 10.1 MB, representing a decrease of 13.0%. Those were decreased by the prepaid maintenance costs which moved the category from a
sea freight service. 2. Other Income The Company and its subsidiaries had revenue from Other Income in 2018 and 2017 for 8.12 million Baht and 18.24 million Baht, which consist of storage tanks rental
switching towards more cost-effective marketing channels; the main factors for the increase were (1) higher staff, rental, utilities and depreciation expenses from opening new branches and (2) higher
considered recording the revenue in line with the actual receivables. Other revenue such as rental income and interest income for the year ended 31 December 2019 was 115.8 million baht, an increase of 6.4