revenue from sales of goods and rendering of services in Q3/2019 was recorded at Baht 715 million, down 2% Y-O-Y or Baht 12 million, mainly attributable to delays in goods deliveries for part of The
. The main reason that the revenue from sales has decreased due to the Rubber wood kiln dried sawn timber which is the main business of the company in 2018 has highly volatility of the market that caused
million Baht from the same period of fiscal year 2018 with total revenues of 146.70 million Baht or a decrease of 45.73 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber
or a decrease of 36.01 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber business which is the main income of the Company has decreased the export of Rubber Wood Kiln
wood kiln dried sawn timber which is the main business of the company. The business was impacted by volatility caused since 2019 as a result of trade war between United States and China, where China was
deliveries postponement to some Government projects to 2020. Furthermore, the significant flooding of Chinese goods amid the ongoing US-CHINA trade disputes has sent the market into high competition and
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
Company has decreased Rubber Wood Kiln Dried Sawn Timber in export due to majority of customers in China have requested to delay the shipments because customers are in process of improving environment in
. 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
., Ltd. (engage in business of Rubberwood Sawn Timber) and Fancy Assets Co., Ltd. (engage in business of real estate) with total income increase of 67.25 million Baht and 107.31 million Baht respectively