13.67% less than those of the previous year respectively. Statement of Financial Position as of 31st December 2017 and 2016 Total Assets The total assets of the Company increased 2,448.81 million THB or
9,945 3,822 38.43% Total Equities 7,480 7,947 -467 -5.88% In 2019, the Company’s total assets and total liabilities increased by Baht 3,355 million and Baht 3,822 million respectively, largely
157.0 MB and 221.6 MB, respectively. This is because the Company had delivered many large-scale projects which had just been auctioned in Q1–2019. In fact, those large-scale projects had delayed their
% respectively. The expenses in sales (excluding ownership transfer expenses) increased 355.17% from the brokerage fee of Lumpini Suite Petchaburi - Makkasan project, the income of which was recognized in Q1/2019
December 2018, the Group had the allowance for doubtful accounts, amounting to Baht 55 million and Baht 55 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past
increase of 463.3 MB and 700.2 MB or increase of 36.6% and 68.0%, respectively. This is because the Company had delivered many large-scale projects which had just been auctioned in early 2019. Those large
accounts, amounting to Baht 55 million and Baht 55 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the
allowance for doubtful accounts, amounting to Baht 42 million and Baht 51 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of
) respectively which were equivalent to the rate of net profit(loss) at (1.42) and (7.30) % of the total income of the Company respectively. The main factor which resulted in a substantial difference between the
15% and 14% yoy, respectively. In 2Q’18, the company’s gross margin was 28% of revenue in line with previous year. The unchanged gross margin of 2Q’18 was due to high revenue base of 2Q’17 following