then has profit before income tax of THB 3.45 million. Progress on court’s consideration and legal enforcement of the main debtors 1.1 Media Agency Thai Co., Ltd. is a debtor in the Air Time Management
distribute water supply to user. GS is an operator of production and distribution of water supply to some part of Phuket and Phang- Nga references from the water supply contract from subdistrict administrative
mainly derived from the following reasons:- 1. Management Service (“MS”) had a decrease of gross profit for (3.17) million baht. Main reason was that, in Q3/2018, the company already had a renew contract
) Trade and other receivables 2,247.5 2,070.8 176.7 8.5 Contract assets 803.5 913.5 (110.0) (12.0) Inventories 935.1 863.6 71.5 8.3 Other current assets 143.6 168.6 (25.0) (14.8) Assets held for sale - 37.8
increase of Baht 24.73 million or 5.28 % increase. The significant increase was the current asset of unbilled completed work value of Baht 33.07 million since the work progress has not yet been achieved as
previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018
June 29, 2020. Project on hand as ended 31 March 2020 As ended 31 March 2020, there were 2 projects on hand with a total of contract value of Baht 549.65 million and backlog of Baht 292.67 million
estimation of cost causing loss in such project due to various factors i.e. change of materials suppliers causing higher cost, extension of contract causing higher fixed cost as well as its underestimate cost
(Decreased) % Assets Current assets Cash and cash equivalents 8.54 31.33 (22.79) (72.74) Trade and other current receivables 224.54 186.08 38.46 20.67 Contract assets 518.21 564.88 (46.67) (8.26) Inventories
and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 2019: A remarkable year with 40% capacity