broadband market continued to expand with genuine demand for quality broadband at home but also faced intense competition from low-price packages starting at Bt299 offering throughout the year amid economic
. Baht 160 million to Q3 and Q4/2019 as a result of postponed deliveries to Major Projects i.e. The New Parliament Building, The Midfield Satellite Building at Suvarnabhumi International Airport and others
flagship phones were launched, and a decrease in bundled packages with subsidized handset sales. Furthermore, the government tax campaign in early 2024 delayed significant customer expenditures in the last
pandemic on the goods deliveries including inbound and outbound shipments to customers getting stranded and delayed during this period. In addition, the delayed deliverables at several of L&E‘s completed
had an extra expenses from a delayed project. Those expenses were composed of both a fine from the delayed project (19.00) million baht and extra cost for the delayed project (3.76) million baht. 2.2 In
one project affecting a reduction of income of Baht 20.51 million and the estimation of penalty charge of one project expected to be delayed affecting a reduction of income of Baht 2.56 million
amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue recognition due to the delay in delivery of work
business according to the accounting standards under WHA level. However, the genuine gross margin in were at 53.0% and 51.1%, respectively. The decrease in genuine gross margin, compared to the same period
deferred revenue. However, during the period 2019, the Company has reconsidered the remaining guarantee EBITDA and found that existing risk and reward were insignificant. The Company has therefore reversed