’ purchasing power. The home buyers postponed their decision making. As a result, sales of low-rise housing units during the first quarter of this year were 18% lower than the average sales of housing units per
from foreign countries has also been postponed and reduce to comply with the closure of stores in accordance with the Emergency Decree. Selling and Administrative expenses In 1Q20, selling and
cannot generate revenue immediately; some investments are not fully utilized or have not reached an optimal level yet; and some projects are delayed. Thus, costs per unit climbed up at this point; 4
to control the epidemic situation of COVID–19, causing many customers to change the method of work. As a result, the operation and delivery of the Company's projects were delayed more than usual. In Q2
, the Company delayed sales transaction to several customers in the zones since the Company would like to collect overdue balance from the customers first. Moreover, sales to European countries decreased
Social Security Scheme to whom the Company and the subsidiary provided the medical services compared to that in the previous year and of the Social Security Office’s partially delayed payments to be made
Quarter 1 /2018. The major part was income from transportation revenue, income from voucher unused from customers and compensation from delayed construction. Cost of Sales and Gross Profit Unit : THB mm
construction projects that are being completed. In some projects, the owners have delayed in the work area handover which prohibit the work. The construction area handover is expected to commence and the work
East zones by Baht 121 million or increased by 31%. In prior year, these zones are facing economic problems. Therefore, during last year, the company delayed sales transaction to several customers in the
previous year. This was mainly due to the decreased in export sales to the Middle East and African zone as these zones are facing economic problems. Therefore, the Company delayed sales transaction to