through the acquisition of Multi Sign Company Limited (“Multi Sign”) and Comass Company Limited (“Comass”). This strategic move enabled us to jump our media coverage nationwide and gather wider audience

forecasts signaling GDP will fall by up to 6% compared to 2019. The export sector has been affected by declining demand from trading-partner countries, while the tourism sector has been severely impaired by

end of Q1–2018 the project in accordance with the contract had completed for delivery. In addition, the new winning projects had decreased. Other current assets increased by 13.7 MB or representing an

from the same period of previous year by Baht 33.29 million or 6.67%. The increase was affected by an increase in the delivery volume of its subsidiaries by Baht 32.45 million comparing with the same

% since, during Q2- 2017, the Company’s account receivables which past due up to 3 months and over 12 months increased mainly resulted from long payment process of customer which are state enterprises that

year affected to end user to delay their purchasing order from the retail store and therefore the distributor delayed ordering for their stock as well, together with the delivery plan were delayed to Q3

, 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

147.41 Million Baht subsidiaries was effected by COVID-19 virus, resulting in decline in delivery  Unrealized gain from measurement of financial asset of 247.03 Million Baht as adjustment on fair value of

) 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