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
persons (Private Placement) for 1 years from the date on which such shares start to be traded in SET (Silent Period). Hoever, after 6 months from the date on which such shares issued as a result of capital
derived from the offering of shares to specific persons (Private Placement) for 1 years from the date on which such shares start to be traded in SET (Silent Period). Hoever, after 6 months from the date on
–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