new clients in the COVID- 19 situation is quite difficult. The managements and team brainstorm for strategy how to propose work that is suitable for the COVID-19 situation as the alternatives to the
selling. As a result, the number of projects will increase from year 2022 and the overall gross profit margin of year 2023 decrease slightly. This is because the number of projects in the market is quite
–2018 to Q4–2017, it had changed slightly, although the rate of decrease in revenue in Q1–2018 was quite different from Q4–2017. This is because in Q4-2017, revenue was recognized the projects that their
. For elastic segment for baby diapers; The major manufacturers have switched to use the spandex instead of natural rubber, and the competition is quite high. As a result, the sales of the company of this
. Management Discussion and Analysis (MD&A) for 2019 Page 5/5 Looking Forward In 2019, the Company was able to generate revenue from business expansion quite well, which could be achieved according to the target
delivered projects in Q1-2017 had a relatively high gross margin. Therefore, the rate of change in cost and revenue is quite different. Comparing the cost of sales and services of Q2-2017 with those in Q2
payable of the large project is quite long. As a result, accounts payable increased. Unbilled payables decreased by 118.8 MB representing decrease of 20.9% from Q4-2016. This is because in Q3-2017 had
cost of investing in the tractor is quite high. Resulting in increased management costs Resulting in a higher proportion of costs compared to revenue Administrative expenses of the company for the three
Logistics Co., Ltd. is a company that engages in cross-border transportation. Therefore, the cost of investing in the tractor is quite high. Resulting in increased management costs Resulting in a higher
) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher R&D expenses which had quite an impact at the beginning of the projects; and 6