second round of COVID-19 epidemic subsided. In addition, there was an improvement in economic activity and continued support from government measures. Although, the government spending became contraction
of Baht 50.32 Million, which gross profit margin of 8.22%. A few dropped comparing with Q1/2019 was total of Baht 46.10 Million, or gross profit margin of 11.13%. The main reason is improvement of
second round of COVID-19 epidemic subsided. In addition, there was an improvement in economic activity and continued support from government measures. Although, the government spending became contraction
able to achieve higher collection efficiency and cost control management. The Company purchased bad debt from financial institution in Q1/2018 1,017 million Baht. The Company’s Interest Bearing Debt
granting of such approval shall be in accordance with the rules, conditions and procedures as specified by the SEC. The establishment of a branch office of a financial institution established in accordance
granting of such approval shall be in accordance with the rules, conditions and procedures as specified by the SEC. The establishment of a branch office of a financial institution established in accordance
improvement at Baht 1 million from cancellation of leasehold office building in the beginning of the year. Finance cost In Q3/2019, finance cost was no change from the prior year same period. Profit for the
improved profitability from 36.1% to 51.1%. The significant improvement of such GPM was as a result of the increase in land sale price. The gross profit margin from the asset monetization to WHART increase
31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The
year. However, the Company has concern about the maintaining gross profit margin, so that the marketing activities has been arranged to emphasize FN brand awareness with sales plan improvement and