affected by the COVID–19 outbreak. However, the Company’s revenues generate from large projects that have continued its operation since 2019. Moreover, most of the customers are government agencies and state
projects of the government and state enterprises have slowed down and increased more competition in the market. The majority of the Company's revenue recognized in 2023 comes from government and state
agreed with the parties and the conditions of the payment of remaining sale share consideration or the 3rd share sale or in the proportion of 16.36 percent of all shares, or in the amount of approximate 36
awarded service projects of which some works were partly implemented with their approximate work values of not over than Baht 13.12 million and their total values are expected to be completely recognized as
decreasing Baht 0.47 million or approx. 58.02% decrease. The approximate 30.52 % were gained from the interest receivable of bank deposit. Cost of Construction The company and subsidiaries’ cost of
referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business
- depletable energy sources and has a lower impact on the environment than fossil energy; (6/1)1 “state” means: (a) government administration; (b) government organization under the Law on Establishment of
sources and has a lower impact on the environment than fossil energy; (6/1)1 “ state ” means: (a) government administration; (b) government organization under the Law on Establishment of Government