(December 31st, 2017) totaling of 4,277.9 million baht, or 18.7%, mainly due to an increase of Project development costs for sale which paid in advance for the future developments, Cash and cash equivalents
Liabilities Total liability as of December 31, 2019 was 175.59mb, increasing by 68.28mb or 63.6% , m ainly due to the booking of revenue received in advance for new projects and recognition of various unearned
assets compared to the year 2018 (December 31st, 2018) totaling of 4,876.2 million baht, or 17.9%, mainly from Project development costs for sale which paid in advance for the future developments, an
which require additional staff and rental expenses. In order to be well prepared to operate the company’s new branches, new recruits need to be hired and trained 70 - 90 days in advance. For the first
payable. However, there was a decrease in the advance received from customers. A decrease of THB 14.64 million or 14.36% in non-current liabilities mainly resulting from the decrease in long-term loans
total selling expenses per total revenue effectively. The part of the staff expenses came from the well prepared for opening new branches, thus, staffs had to train 70- 90 days in advance. The company had
loans and long-term loans from financial institutions, trade account payables and other account payables for working capital and investment in real estate projects, and deposits and advance received from
equivalents declined mainly due a large swing in receivables and prepayments as customers who paid in advance for machinery in 2016 are not present in 2017. The value of inventory also declined contributing to
flow from financing activities, in year 2017 amount of Baht 2.10 million, the details are as, the company received advance payment for share capital of Baht 20.0 million and used cash from increase in
consisted of the convertible debentures and deferred tax of Baht 242.29 million and 105.19 million, respectively, as a result of the business transfer and the advance payment additionally gained according to