18.90% increased, while sale revenue only increase by 11.06% results in less profit margin compare to the year 2017 at 24.25 million baht, due to the unstable of production cost of new production line
Causing entrepreneurs to postpone investment plans. For the year 2019, the company recognizes income from the production line installation project and the testing of the production line work in Phase IV and
company delivered work to customers who postponed from the previous year and recognized revenue from the production line installation project and testing of the production line in the first phase according
introduced monetary and semi-fiscal policies to cope with the economic downturn to support the economy. In the third quarter of 2019, the company recognized revenue from the production line installation
installation of the production line and the testing of the production line in respect of the installation of the entire production line, which was installed successfully. In July 2020, the results of the
recognized revenue of 17.33 million baht in proportion to the project completed in the production line project and the production line testing, contract value of 255 million baht. The project period ended 19
and nearly to the end of the project. 2. The consolidated gross profit margin was 17.4%, increased from the previous year at 13.1% since the company has control of production costs that make the
additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, for the Company’s sustainable growth in the future. However, some investments
with unexpected problems that occurred in the production process during 2019. Consequently, the production cost per unit has increased Selling Expenses Selling expenses for the fiscal year 2019 were in
transaction The Company intends to sell 1 plastic fabric producing machine and 59 plastic sack weaving machines, which are used in the production of plastic fabric and then to produce plastic sacks. The machine