and Q1- 2016, which was Baht 199.5 million and Baht 16.5 million, respectively, due to the first quarter of 2017. The overall economic expansion has improved direction, with the main driving force from
increase of 206.2 MB and 133.3 MB, respectively, due to the auctioned projects, which were bid at the end of Q1-2017, has gradually delivered in the Q2-2017. The overall economy expansion in Q2-2017 has
increase of 287.7 MB and 488.6 MB, respectively, due to the auctioned projects, which were bid at the previous quarter, has gradually delivered in the Q3-2017. The overall economy expansion in Q3-2017 has
state that revenue can be recognized when customer obtains control of that good or service. In the past, the Group recorded revenue and cost of procurement and fabrication service by percentage of
in Information and Communication Technology and the D–ticket Project of State Railway of Thailand. Furthermore, the important new projects in 2021, such as the Storage Purchase Agreement Project for
various measures to stimulate the Thai economy, such as the state welfare card and the ‘Eat, Shop and Spend’ project. The performance of the company in the third quarter, which is usually the low season for
in Information and Communication Technology and the D–ticket Project of State Railway of Thailand. Furthermore, the important new projects in 2021, such as the Storage Purchase Agreement Project for
higher competition. The company recorded revenue from services of 579.03 million Baht which increased from the last year totaling 431.89 million Baht or 293.52% due to the expansion of construction
revenue is from long-term PPA with state enterprises which has no direct impact from COVID-19 while revenue from industrial users (IUs) remains stable y-on-y in Q1’2020, thanks to portfolio diversification
referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business