because the income from sale has decreased from 13,855.41 million THB to 8,719.77 million THB or 37.07%. The majority of the income derived from ready-to- move-in projects, accounting for 72% of the income
the Company and subsidiary companies increased 17.32% and 0.60% respectively, most of which was the income recognition from ready-to-move-in projects and recognition of one project completed in Q1/2019
industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been
million THB, most of which is the income recognition of ready-to-move-in projects as well as the 4 projects completed and ready to be handed over. There is thus lesser number of projects under construction
million baht due to the expansion of LCL causing the higher number of employees and moving office to support expansion which leads to the expenses derived from such move and the former improvement disposal
been in motion before the pandemic but perhaps the use of technology has been fast tracked as a result of the lockdown and containment measures. We were forced to connect through technology to move
have also impacted costs and resulted in lower EBITDA. Our pricing has been reset for 2018 onwards and we expect to recover our EBITDA proportionately. Japan introducing punitive charges on import of PET
have also impacted costs and resulted in lower EBITDA. Our pricing has been reset for 2018 onwards and we expect to recover our EBITDA proportionately. Japan introducing punitive charges on import of PET
and more service content to every unit of product sold was realised. This is encouraging for future performance as volumes recover and start to grow again. Even under these trying conditions, Golden