progress of the works which certified by customers. Since 2018 up to present, the Group has construction projects which hired by main contractors rather than owner projects. Due to the construction projects
consists of advance payment for purchase of land Baht 100 million and leasehold improvement, equipment and computer software Baht 181 million Finance Costs In 2019, The Company had total interest paid of
were the investment for machine and equipment improvement as well as an addition investment of machine and equipment in Jiangsu Plant. Inventories increased Baht 39.38 million in order to support order
million baht. The other acquisitions were for the replacement of old assets and for the efficiency improvement. In addition, other non- current assets increased 11.08 million baht mainly from mold to be
. Meanwhile, net plant and equipment increased by Baht 49.62 million from building under construction at Chonburi branch to support business expansion and investment for production line improvement of spray
commercial sales as planned. As at 30 June 2019, the Company had consolidated liabilities decreased from last year by Baht 52.67 million mostly due to long-term loan. Revenue received in advance for project
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
, increased by Baht 151.27 Million or 43.86% compared with the same period of last year. Resulted from revenue recognition which has progress of the construction of the project on hand (Backlog) which were
recognized as revenue once the installation and commissioning are conducted in relation to work progress. Other Current Assets Other current assets comprises of advance payment, undue VAT, A/R Revenue
39.80 Million Baht, or or 10.63%. The main reason of revenue growth resulted from revenue recognition by percentage of completion of projects which were hired on 2017 – 2018. Since 1st January 2019, the