driven by the opening of Proton showroom in October 2022 and the expiration of sales and service tax (SST) exemption in March 2023, resulted in the acceleration of car delivery and registration during Q1
due to delays in the delivery and the amendment of additional contracts before payment of the government sector. Contract assets increased by 474. 3 MB, representing an increase of 52. 4% . This is
Company’s amortization of intangible assets arising from the purchase of investments in associates and the result of associates’ delayed revenue recognition due to the delay in delivery of work. Consequently
significantly increased from Q3–2023. This is because the number of delivered projects in Q3–2024 has increased, especially those with delivery values of 10 million baht or higher. The large projects delivered in
amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue recognition due to the delay in delivery of work
to move projects which will gradually recognize revenue within this year. In 2020, the company has adjusted its operations to match the situation with proactive marketing strategies. Online platform
improved its operations to match the situation with proactive marketing strategies, online platform, driving presale and transferred activities. Moreover, The Group also take care of customers and employees
profits margin. Proportion of other income to total revenue slightly decreased compared to previous period from a discount given to tenants. The Company emphasizes tenants’ selection to match customers
million from Baht 876 million as at 31 December 2018 to Baht 835 million as at 31 Match 2019. It was mainly because the repayment of short-term loans especially in Packing Credit. In addition, trade payable
its distributor in China as mentioned above, and as a result, the available resources for production, namely machinery, labor and fixed costs, did not match with actual production volumes, not to