Baht 60 million, loss decreasing from Q4/2018 that recognized net loss Baht 143 million. Greater performance resulted from efficient process improvement as well as selling and administrative expense
100 – 500 MB. In this regard, the large projects in which the Company has recognized revenue in 2020 such as The New Parliament Project in Information and Communication Technology, The Purchasing and
situations. Another factor of economic slowdown was the drought directly affecting agricultural products as well as their decreasing prices, causing the decrease of the domestic market’s main purchasing power
purchasing power of mid-to-low labor segment. Furthermore, the drought season also decreases incomes of agriculture workforces, and as a result, FSMART (or the “Company”)'s total usage amount decreased
of tape and weaving process following the new business model to reduce the cost the purchasing of plastic resin through banking (TR) has been canceled too results in the financial cost also reduced. 7
purchasing power has still not recovered. This is reflected in the consumer confidence index which remains at very low levels, with consumers remaining concerned over high levels of household debt and their
receivable from purchase of accounts receivable from the business of purchasing non-performing loans to manage in the first quarter of 2020, a total of 595.6 million Baht, an increase from the first quarter of
improvement in employee benefit according to Labor Protection Act No.7 Loss on impairment of asset of 149.44 Million Baht as increased this quarter due to loss from impairment of investment on assets in the
, respectively, decreased by Baht 151.02 million or 9.17 %. This is mainly because of our continuous improvement since 2019 on our productivity, cost - 3 - reduction, Kaizen and 4DX Cost saving activities
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