while expenses had grown, as a result; a huge drop in 6 months period by 137%. Profit (Loss) before tax: A sharp drop of 174% in 2Q19 comparing to 2Q18, while 6 months recorded a 91% less than the same

major projects within the first nine months of 2019. Thus, in order to cope with the time frame, substantial subcontractors costing was employed for 2019. The huge operating loss in 2019 is an

strategic marketing plan effectively and gain the huge orders with the higher selling price both in domestic and export sales.. Cost of Goods Sold The company had the cost of goods sold as 188.98 million baht

sales in Q4 2017. Costs of goods sold increased by 33% to 1,448.71MB in Q4 2017 from 1,092.37MB in Q4 2016 due to huge increase in LME zinc price which increased gross profit of Q4 2017 by 24% from Q4

giving away cash to the people and welfare payments to the unemployed. While employment remained weak, Policy clarity Direction of the business team and political climate It is a huge risk to the future

resulted mainly from the huge drop in revenue from service by 300.55 million Baht or 78.28% from the same period of the last year. Moreover, the decrease was also affected by a moderate decrease in domestic

last year. The decrease resulted mainly from the huge drop in revenue from construction service by 431.61 million Baht or 80.12% from the same period of the last year. Moreover, the decrease was also

due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of 2019 and the smoke pollution crisis in

2019 and the smoke pollution crisis in Chiangmai province during the beginning of 2019. Gross Profit In 2019, gross profit was THB 1,090.62 million or 38.07% of the total revenue from operations, which

million, equaled to 3.86% of the total revenue from operations. The main decrease for THB 7.92 million came from the tourist reduction due to Coronavirus disease 2019 (COVID-19) and the smoke pollution