quarter and some of the large project in 2021. In addition, the Company was less impacted by the COVID-19 situation in Q1–2021 than those in Q1–2020. Many customers in that period had postponed the delivery
relatively high delivery project value. Furthermore, in Q2–2020, the Company was affected by the ongoing outbreak of COVID–19 which caused the customers change their work methods and slow down their operation
the delivery of equipment or project until this situation can be controlled. Therefore, the operations and delivered projects are delayed, resulting in the decrease of revenue in Q1– 2020. In terms of
direction. Therefore, total revenue increased by 1.5%, but the change in total expenses decreased by 2.2%, due to the higher gross margin of project delivery Q1-2017 compared to that of Q1-2016. Net Profit of
% since, during Q2- 2017, the Company’s account receivables which past due up to 3 months and over 12 months increased mainly resulted from long payment process of customer which are state enterprises that
–2020 by 732.0 million baht or 32.7%. This is because the majority of projects are scheduled to be completed in Q2-2021; therefore project delivery in Q3-2021 has been decreased. Furthermore, new projects
in assets, which are held by a derivatives broker on behalf of its client for the purpose of making delivery, or which are obtained upon receiving delivery according to such client’s derivatives