% gross profit margin, respectively. The increase of gross margin was due to the additional adjustment of the cost forecasting since end of 2019 causing a reduction of the gross profit margin. Cost of
future employment prospects. These factors are causing customers to be cautious and delay spending related to home decoration or renovation. During the first nine months, the Company’s total revenues and
Management Discussion and Analysis of the Company’s Performance for the year ended December 31, 2019 contract to the debt repayment insurance with those financial institution and it is causing the Company to
. However, the value of those projects decreased because the remaining project value declined. Furthermore, the company has been affected by the ongoing outbreak of COVID–19, causing many customers to delay
landlord to rush to transfer the ownership of the said land within June 17, 2020, causing the board meeting to not be held before the transaction date. Therefore, it is necessary to request ratification of
gross profit was more than 35%, but at the same time, in the second quarter and the third quarter, the main customers in the Coating group have continued to slow down their orders, causing sales of the
, equal to 839.32 million baht and 686.91 million baht, respectively, an increase of 152.41 million baht or 22.19% due to the increased service cost, causing the trade payable to increase. And the company
for long-time outstanding receivables in accordance with IFRS 9 (Financial -2- Instruments), which was partly due to the effect of COVID-19 causing the receivables to postpone payment; but when compare
to control the epidemic situation of COVID–19, causing many customers to change the method of work. As a result, the operation and delivery of the Company's projects were delayed more than usual. In Q2