% because the Company and Advance Prefab Co., Ltd., a subsidiary company in precast concrete production, have increased income from selling of concrete product when compared to the same quarter in 2018. 3.3

has not revised the past financial statements which incurred high depreciation expense causing the new depreciation value to be lower. The effect from changing the estimated useful lives towards the

(net) 12,281.2 12,598.0 316.8 2.6% Advance payments for constructions and purchases of fixed assets 320.3 355.4 35.1 11.0% Rights to service under concession arrangements (net) 1,386.7 1,365.6 (21.1

million and THB 180.38 million respectively, equivalent to a 43.52% decrease. Cost of goods sold to sales revenue ratio edged down slightly from 32.48% to 32.36% because of the changing sales mix that each

) 11,577.1 11,226.8 350.3 3.1 Advance payments for constructions and purchasesof fixed assets 299.2 276.2 23.0 8.3 Rights to service under concession arrangements (net) 1,449.9 1,471.0 (21.1) (1.4) Right-of

. Cost of goods sold to sales revenue ratio edged up slightly from 30.22% to 30.65 % as a result of the changing sales mix that each product line contributed to total sales. Table 6: Cost of Goods Sold by

painting factory. In addition, there was addition of advance payment for project assets of Baht 5.43 million. As at 31 March 2019, the consolidated liabilities of the Company and its subsidiary decreased by

the advance payment from the sale of land in Lamphun Industrial Estate Project As a result, the Company's net loss from continuing operations for the three months as of November 30, 2018 was Baht 5.52

. Cash flow received from operating activities decreased from the same period of last year due to the lower profit from operations. Cash flow used in investing activities was from advance payment of

–19 Q1–20 VS Q4–19 (MB) (MB) % Cash and cash equivalent 357.1 190.2 166.9 87.7% Trade and other receivables 2,512.5 2,268.6 243.9 10.8% Inventories 1,244.8 745.9 498.9 66.9% Advance payment for products