for doubtful account from the delayed project 56.85 million baht had the detailed explanation as follows:- In November 2015, the Company was hired as a contractor to install electricity transmission
every mobile user in April and May, respectively. Also, there is a measurement to decrease electricity bill to every household. All of these measurements will affect mobile top-up, data package top-up
which are fixed cost still exist and not variable to the income such as animal feed, utilities, water-electricity bill. Therefore, the company has managed to reduce some unnecessary expenses during the
9 9. Source of Investment Capital The source of funding for the acquisition of ordinary shares of COMASS will come from the Company’s working capital and loan granted from a financial institution. In
from slow investment from private sector and export sector. Additionally, Thailand’s tourism has shown slow pace from a drop in international tourist arrival, especially Chinese tourists (Source: The
private sector contribute a high demand of skilled workers and lead to an increase in household income and consumer purchasing power (Source: Bank of Thailand). Meanwhile, a rise in average oil price in the
forecast. Although short-term economic stimulation measures from the government benefited private expenditure, but could not make a positive change to the overall GDP. (Source: Bank of Thailand). Thailand’s
carry out a soil and coal extraction and transportation work project at Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand (“EGAT”), with both venture partners having a 50
following the market price trend since 2017. Additionally, the increase of electricity cost was also added to higher cost of sales of this year. In spite of rise of main raw material prices and decline in
account from the delayed project Baht 56.85 million had the detailed explanation as follows:- In November 2015, the Company was hired as a contractor to install electricity transmission network with total