effective in 2019. 2.2 The decrease gross profit margin in the remaining portion resulted from the Indirect costs, most of which are fixed costs, were not decreased in the same direction of Sales. Gross
6 months of this year. This caused most developers to delay launching new housing projects as well as speed up the sale of housing inventory. Unavoidably, these created price competitiveness among the
receivables at the end of 2019 was 2,332 MTHB, decreasing by 280 MTHB comparing to 2,612 MTHB at the end of 2018 due to decline of products’ selling price with good collection performance. Most of the
term L Short- et Managemen 31.71% fro d managem Profit mpany had nt gross pro tly lower tha as 76.32 m eriod last ye and Admin mpany had million baht, end of 2017 . Most of th ployee expe ary of Financ
interest bearing debt. Cash reserves and financial investments at the 30th June 2017 were THB 10.0 billion up from 30th June, 2016 were THB 9.5 billion. Asset Quality Accounts Receivable Most of customers
of Baht 337.30 million. Administrative expenses increased of Baht 14.94 million (Most of the costs will be as staff salaries. Auditing fee and financial advisory fee) and financial expenses increased
(9.1%) 1. Revenue from sales and contract work 1.1 Turnkey Total Solutions decreased from the same period of prior year as a result of economic slowdown which impact most of projects to postpone their
order to accommodate business expansion. 3Q17 administrative expenses nevertheless increased merely 7% which was half of the 9-month period. It can imply that most of the increase was in the first half of
financial investments at the 30th September 2017 were THB 10.5 billion up from 30th September, 2016 were THB 10.0 billion. Asset Quality Accounts Receivable Most of customers are well known and have good
, complete and in compliance with rules and regulations of the supervising agencies as well as disclose complete information of the transactions to ensure that they are appropriate and most beneficial to the