% or decreased by 22.96%. Because the Company participated in a pre-bid competition during the period of high crude palm oil price. Therefore, the Company has realized higher profit margin when the price
low gross margins because of the relatively high competition. Cost of equipment for lease of the Q4–2020 greatly increased from Q3–2020 and Q4–2019. This is because some projects of equipment for lease
other persons in a manner which is similar to or which is in competition with the operation of the management company except where the management company can show that its organizational structure does
of healthier growth from stabilized competition coupled with the trend of increased consumption and usage, especially from a recovery in tourism-related activities. The continuous efforts to promote 5G
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
TTTBB acquisition and good momentum in organic performance, with expanded economic conditions and a stabilized competition outlook. The key is to deliver convergence across our services leveraging our
to improved sales growth. Page 5 of 10 Management Discussion & Analysis Q3/2024 Revenue from the wholesale business declined in the dealer segment due to competition from major players in each region
operations management, and residential project development, are key drivers to realize the target. As the economy begin to flourish across various areas around Bangkok and provinces, CPN have studied the
produced PET resin and polyester fiber with plans to begin commercial production in Q1 2020 in USA. The production from the facility will be fully subscribed by leading global consumer brands. IVL earlier