Company has assessed the impact from such delay in project completion. In relation to this project, there were unbilled contract revenue amounting to Baht 57 million, which the collectability are directly
Company considered to record allowance for doubtful accounts with total amount of such unbilled receivables. Cost incurred from the delay under the contract consists of penalty amounting to Baht 18.90
derived from the following reasons: 1. Engineering service (“EN”) had a decrease in gross profit for Baht (94.87) million as the following reasons: 1.1 Cost incurred from the delay under the contract
Gross profit Gross profit margin 3 / 6 receivables. Cost incurred from the delay under the contract consists of penalty amounting to Baht 1 9 million and additional cost of project of Baht 4 million. All
income, the revenues from sales, services and construction contract of the year decreased from 2017, the mainly reason is that the number of large-scale project auction declined and the - 2 - delay in
, showing a decrease of Baht 55.30 million or representing 24.14 % decrease since there have been only 5 ongoing projects whereas a subsidiary had 1 additional ongoing project with its contract value of Baht
million therefore has a gain on reserve. - Administrative expenses for the year of 2019 increased by 6.34% due to the penalty tax of customs of 2014 and 2015 of Baht 6.33 million, new law changed of long
quarter of 2018, the company had a gain from the exchange rate of 1.28 million Baht. - Administrative expenses for the second quarter of 2019 decreased by 9.03% due to the penalty tax of customs of 2014 and
14.66% due to the penalty tax of customs of 2014 and 2015 of Baht 6.33 million, new law changed of long-term employment benefits 400 days scheme increase of Baht 1.06 million, decreased from the
returned to subcontractors of Baht 1.12 million and gaining of the advance payment for administrative expenses prior to contract commencement from 2 joint ventures of Baht 2.79 million whereas there has been