assets sold and due to the depreciation as in the normal business operation. - The total liability stood at 200.96 million baht, down by 23.56 million baht or 10.49% on a year-on-year basis. The decrease
from 6.08 times to 6.22 times because the Company has current assets and current liability, decreasing from the same period of last year. Receivable Turnover decreased from 1.12 times to 1.07 times for
receivables and other receivables and it was also due in part to the asset depreciation. - The total liability stood at 266.43 million baht, up by 18.87 million baht or 7.62% from the level seen as of December
July 2020, the company has used the power of the Board of Director to reallocate THB 20 Million from Establish Subsidiary in Canada to Debt repayment purpose. Resulting in 50.59% reduction in liability
Financial Reporting Standard No. 16 : Lease (TFRS 16), effective 1 January 2020, has impacted the Company and its subsidiaries’ financial statement in recognizing a right-of-use asset and a lease liability in
make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted interest at the rate of 8.50% per annum of the amount on bills of exchange counting
baht and intense competition. Transaction For the Year ended 31st December Unit 2018 2017 Gross Profit Ratio % 14.58 15.60 Earnings Ratio % 3.15 4.88 Debt to Equity Ratio Time 0.27 0.29 Return on Equity
Product Company Limited”) - Short – term loans from and accrued interest – related company decreased by 40 MB due to the subsidiary repay debt to the related company 40 MB. - Other current liability
previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018