1 No. ACE-ACC-3/2021 13 August 2021 Subject Management Discussion and Analysis for the period ended 30 June 2021 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company
Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2021 of the Company and the subsidiaries
is decreased from 28% to 9%. It is mainly due to lower gross profit margin of the design and installation of telecommunication network and signal equipment project work and the increase of reduction of
& medical supplies and improve in work- force efficiency as well as the benefit from economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative
of mainly indirect staff cost, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the write off of 16.97 mb of accrued work-in-progress resulting from
. Before As a result of the revenue recognition of WICE Logistics (Hong Kong) Limited for this year And the company got the project work From customers in new target groups Which are customers in the group
) 3,224,283 3,691,083 3,726,432 Inventory In general, Hana's production is based on clients' order, consequently, the majority of inventory are raw materials, expendable tools and work in
expertise to work according to the customer’s requirements. 6. Cost of goods sold (Commerce) In the year 2019 and 2018, the Company had cost of goods sold with an amount of 17.5 million Baht and 293.3 million
help them with payroll compliance work at affordable rate. T.662 636 6999 F.662 646 4200
increased by 1.85 million baht or 37.91 percent. The reason is due to Euro Asia Total Logistics Company Limited has expanded the work to manage the channels to generate revenue according to the strategy. Must