construction has been completed during early of Q2/2017. In addition, recognition of administration and maintenance cost of assets will begin after the acceptance of construction work. However, direct cost of
increasing from 4.79% in 2018 to 12.76% in 2019. The loss incurred is due to the recognition of gross loss from the construction business; higher administration cost to support the expansion of construction
subsidiaries have the amount of recognition income from Townhouse , Twinhouse and Condominium that have gross profit less than the quarter 3/ 2016. Selling general & Administration expense : The Company and
recognition from commercial building which had higher gross profit margin. Selling & Administration expenses The Company and its subsidiaries had SG&A for the first quarter ended March 31, 2019 amounting to
9.11 percent. The revenue recognition from the projects of the quarter 2/2017 was from substations construction projects that caused high gross profit rate. The gross profit from sales business was
. Considering in the gross profit rate, it was increased from 5.95 percent to 13.98 percent. The revenue recognition from the projects of the quarter 3/2017 was from substations construction projects that caused
occur from several projects and backlogs of IGE and subsidiaries. The contracts of the projects have been postponed and made the revenue recognition is not on schedule. 2. Sales and Services increase from
% of the year 2016 , 18% decrease of the same last year. Because of the Company and subsidiaries have the amount of recognition income from Townhouse , Twinhouse and Condominium that have gross profit
. Because of the Company and subsidiaries have the amount of recognition income from Townhouse , Twinhouse and Condominium that have gross profit less than the quarter 3/ 2016. Selling general
organizing activities involving large gatherings of people which may pose the risk of spreading the disease. In addition, the Bangkok Metropolitan Administration has issued an announcement dated March 21, 2020