expenses because of lower bank borrowings resulted from the decreased accounts receivable and inventories, plus the company has efficiently controlled the marketing and administrative expenses to cope with
promoting sound corporate governance. Family-controlled companies in Asia A significant portion of listed companies in Asia are family-controlled. Common challenges for family-controlled firms include that
project development cost also increased THB 357.0mn and an increase in short-term loans to jointly controlled entity of THB 260.1mn for deposit of land for new projects launched in 2019. (details in topic
of Baht 25.7 million, mainly derived from sales of Natural Gas Power Plants which increased by Baht 25.7 million or 5.5%. The reason of increase is as a result from the first quarter of 2020, there was
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
1 1. ANALYSIS OF FINANCIAL PERFORMANCE In Q1/2019, East Water Group had total consolidated sales and services income of 1,164.83 million Baht, increased by 119.44 million Baht or 11.43% compared to
, increased around 21.38 million baht or 6,288.24% comparing to the same period last year, and had loss per share at 0.11 baht. Financial Status As of June 30, 2020; the company had total assets of 4,318.73
represented 83.79%, increased by 100% due to the Company have new spray service for all types of residential buildings, offices, shops, restaurants, hotels, schools, playgrounds, auditoriums, factories
from 2019 to 11.10% or decreased by 11.07%. The increased in sales volume was efficiently reduced the average fixed costs. The Company also achievably controlled the production’s loss. In addition, the