conditioned in the power purchase agreement, causing gross profit and gross profit margin of municipal solid waste power plants decreased. Administrative expenses for the period ended 31 March 2024 and 2023 are

Customers (TFRS 15) to reflect deduction and show the net in revenue from sales, thereby causing the revenue from sales and gross margin, including the distribution costs, to reduce in value, although the net

% 1. Total Revenue Total revenue for the year 2019 was Baht 1,001.58 million, decreased by 5.28% YOY as a result of economy slowdown, and low spending season causing consumers slow down their spending

. The Company has drawdown loan for acquisition of subsidiary shares in 2Q’18 causing rising debt level at the end of December 2018 and subsequently paid down loan from its operating cash flow and

franchise of 55 branches and closed some poor performance branches. Therefore there are currently 19 branches owned by the company causing lower significant revenues than the same period at the previous year

(TFRS 15) to reflect deduction and show the net in revenue from sales, thereby causing the revenue from sales and gross margin, including the distribution costs, to reduce in value, although the net

decrease in Gross Profit Margin was from appreciation of Baht against other currencies causing lower revenue and gross profit although the company raised sales volume. For the three-month period ended 31

: Revenue from Contracts with Customers (TFRS 15) to reflect deduction and show the net in revenue from sales, thereby causing the revenue from sales and gross margin, including the distribution costs, to

products ready for sale, therefore Causing high costs 3. Selling expenses The company had selling expenses in the 3rd quarter of 2019 in the amount of 27.50 million baht, increased from the same period of

shut down, causing impairment of the trademark and goodwill. Company is going through the process of changing business strategy to respond with the intense competition in an industry and rigid