The financial crises in the United States and European Union, and the disastrous results of creative accounting practices employed by listed companies in foreign countries, such as Enron and Worldcom
million whereas Baht 0.72 million in 2017 showing an increase of Baht 1.87 million or 259.72 % increase. The 79.15% of the income was mostly gained from the reverse of provision for warranty maturity that
defect was caused by the Company’ s production process. However, the Company had set aside the reserve and recognized the cost of such product warranty in the amount of THB 178.69 million in 2018. If the
and revenues from warranty of work. Cost of Construction The company and its subsidiaries’ cost of construction in 2019 was Baht 167.08 million, whereas Baht 17.54 million in 2018, increasing Baht
nearly the same, there is no significant change. Most of them are revenues from interests and revenues from warranty of work. Cost of Construction The company and its subsidiaries’ cost of construction in
the Provinces? Project where more than 30 Project participants has listed their shares while the ?Pride in Thai Innovative and Creative Businesses? Project has been launched to support expansion of
of the Provinces? Project where more than 30 Project participants has listed their shares while the ?Pride in Thai Innovative and Creative Businesses? Project has been launched to support expansion of
contained herein. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by the Managers as to the accuracy or completeness of the
and warranty cost from service agent. Total shareholders’ equity as at 31 December 2017 was Bt1,334mn, increasing 12.8% compared to total shareholders’ equity as at 31 December 2016, mainly from net
increased from the Government and State Enterprise sector which the warranty from Turnkey Total Solutions expired and then continued with the maintenance service. Gross Profit For the three-month period, the