-19, causing customers to delay in work delivery of many projects although the Company has already been hired. (2) Cost of sales The Company and its subsidiaries had total cost of sales at the amount of
government measures to control the epidemic situation of COVID– 19. Consequently, the customers change the method of work, resulting in delays in delivery or inspection of equipment or operations. As the
Limited and its subsidiary for the first quarter ended 31 March 2018 represented a loss before the provision for doubtful accounts of Baht 3.72 million. Inclusive of the provision for doubtful accounts of
resulted from the delay of project to improve and add CCTV which had a low gross margin as well as the increase in cost of ERP project incurred during the final delivery period. Retail business In 3Q17, the
recognized doubtful account increased amount of 856.74 million Baht from the same period last year which is estimated from unpaid debtor. Such estimation are based on the Company’s regulations related
decreased from Q3-2016, representing decrease of 112.2 MB or 12.0%, because the reversal of doubtful accounts for long term receivables has been recorded in Q3-2016 -3- Financial Analysis of the company As of
installation of other pipes. 3. Other income for the year of 2017 decreased by Baht 5.36 million or 25.88%. The major decreasing came from export delivery income by Baht 5.78 million. The prior year the sale
customers are well known and have good reputation in the IC, and electronics industry. Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts
decrease of Baht 22.72 million or 67.32 % decrease. The significant decrease was last year there were the doubtful debt provision of Baht 18.83 million for account receivables expected to be unable to
is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts receivable were 63 days in 2017, 61 days in 2016 and 59 days in 2015. Trade Receivables