relevant to Asia as Asian capital markets continue to deepen and become more complex. As the Principles are outcome-based, they are adaptable to a number of country circumstances. Important progress has
were the investment for machine and equipment improvement as well as an addition investment of machine and equipment in Jiangsu Plant. Inventories increased Baht 39.38 million in order to support order
can progress as targeted in the second quarter onward. In addition, there are many new projects which construction contracts have just been signed or about to be signed which will increase the corporate
of Baht 50.32 Million, which gross profit margin of 8.22%. A few dropped comparing with Q1/2019 was total of Baht 46.10 Million, or gross profit margin of 11.13%. The main reason is improvement of
unusable assets of Baht 0.04 million but there were cash paid for equipment replacement after their useful life of Baht 5.83 million and cash advance payment for purchase of assets of Baht 2.06 million. The
acquisition date, non-recurring expenses and share of investment in JV and associates. PERFORMANCE ANALYSIS (2017/18 vs 2016/17) 2017/18 was another year of solid progress for VGI. The Company achieved the
floors together with 36 residential units. Sellable Area : 18,476 sq. m. Unit Size : 453 – 634 sq. m. Project Value : 2,800 Million Baht Construction Progress : 95% Completed - 3 - Summary of the Financial
Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 MOU signing with
2.65 million and increase in deferred income tax of Baht 1.99 million but there were a net decrease in inventory of Baht 82.54 million, decrease in cash advance payment for purchase of assets of Baht
respectively. The THB 48.3 million increase from work in progress at the end of year and were waiting for issuance of invoices Other current assets Leasehold improvement and equipment Liabilities Bank overdrafts