account receivables and cash/cash equivalents which was used to repay bank loans and debentures. Total liabilities decreased by Baht 2,285.5 million primarily due to reductions in trade accounts payable
invoice for collection. As a result, the lower unbilled payable occurred when compared to the Q2-2022 Current portion of liabilities under financial arrangement agreements, both the portion due within one
doubtful accounts decreased by Baht 22.14 million from reversal of doubtful accounts due to the repayment from one of securities business debtor. The operating results in which equity method is applied of
), administrative expenses increased to 0.65 million baht due to salaries and benefits increased 0.29 million baht. Allowance for doubtful accounts increased by 0.28 million baht. Other expenses increased 0.08
prices and the inventories optimization at minimum resulting the decrease in the amount of trade accounts payable. Shareholders’ equity As of December 31, 2022, the Company and subsidiaries had total
. Net Profit decreased by 24% to THB 1,805m in 2019 from THB 2,375m in 2018 due to lower operating profits more than offsetting an increase in exchange gain of THB 319m in 2019. Past Performance Analysis
from EMS business. In 2018, the Group has net profit of Baht 526 million, which is increased by Baht 254 million or 93% compared to the net profit of Baht 272 million for 2017. It is due to higher gross
due to the higher gross profit and the lower administrative expenses. As a result, overall net profit of the Group is increased. Analysis of revenues Q1’ 2018 Q1’ 2017 Increase (decrease) Million Baht
year. This is due to the lower sales than in the same quarter of the previous year, affected by the higher intensive competition in stainless steel pipes aluminum and copper in the market and resulting
2019, compared with last year were decreased 1.8 Million Baht or 4% mainly due to transportation costs. In 2020, the company had tax expense 13.7 Million Baht from higher profit. 2 At the end of March 31