last year and also in fixed costs related to production maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average
Systems of the MRT Blue Line Extension Project (Hua Lamphong - Lak Song and Bang Sue -Tha Phra) was at 97 percent which slightly earlier than the plan. During the year 2019, the Company has gradually
deceleration in sales revenue and the higher sales and administrative expenses mentioned earlier. Financial Position Total Assets As of 31 December 2019, the Company’s total assets stood at THB 4,956.71 million
compared to the same period of a year earlier, the main reason is the increasing in sales of stainless steel sheets, coil and pipe. The average selling price has risen from the previous year, in line with
approved earlier shall be deemed to be cancelled and no other related matters shall be further proposed for consideration; and (3) appoint an independent financial advisor to provide an opinion on the asset
the liabilities side an increase in the short-term borrowing facility in order to fund the earlier than planned Capex required to return the kilns to full capacity contributed to the increase in current
, because of lower gross profit margin from revenue recognition of reversal of deferred revenue as mentioned earlier, compared to the gross profit margin from sale of investment properties to HREIT in the
the deceleration in sales revenue and the higher sales and administrative expenses mentioned earlier. Financial Position Total Assets As of 30 June 2019, the Company’s total assets stood at THB 4,997.97
same period of a year earlier. The main reasons was the regular increase in sales and administrative expenses while gross margins amount stay flat in the current quarter, despite higher in sales but
97.42%. Net profit margin also plummeted from 17.07% to 0.74%. The fall in net profit margin was from the deceleration in sales revenue and the higher sales expenses mentioned earlier. Financial Position