economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 2Q’18 and 1H18, administrative expenses increased at the similar rate

benefit from economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 3Q’18 and 9M’18, administrative expenses increased 6% and

the medical equipment under hire purchase contract was transferred to right-of-use asset at net Baht 5.14 million.  Assets on long-term lease land decreased in full amount because in this period, they

, resulting in the delay in delivery and acceptance of equipment or projects. As the result, the total revenue Q2–2020 was lower than those in other quarters. In terms of total operating expenses in Q3–2020, it

, as well as policies to support Thailand’s long term competitiveness, including the Eastern Economic Corridor (EEC) project – which aims to promote Thailand as one of the region’s logistics hubs and

1,210 15.2% 1,905 19.8% Trade & other receivables 763 9.6% 1,143 11.9% Equipment – net 1,503 18.8% 1,615 16.8% Investment in JVs, associates and other long-term investments 1,373 17.2% 1,421 14.8

-term investment) 3.82 0.20% 3.46 0.16% Property, plant and equipment 577.77 30.47% 581.77 27.46% Intangible assets 2.28 0.12% 1.74 0.08% Deferred tax assets 18.94 1.00% 16.90 0.80% Other non-current

has deployed measures to stimulate short-term spending. Private investment also slowed due to a decline in the real estate sector. Meanwhile, the need for machinery investment was subdued due to lower

equipment 1,973 2,120 (7%) Goodwill 49 52 (6%) Investments in joint venture 90 56 59.9% Other non-current assets 600 576 4.2% Total non-current assets 2,712 2,805 (3%) Total Assets 4,399 4,668 (6%) Bank

(34%) Other current assets 152 173 (12%) Total current assets 1,759 1,898 (7%) Property, plant and equipment 2,041 2,130 (4%) Goodwill 51 55 (6%) Investments in joint venture 51 45 12.5% Other non