85.76% from Q1 year 2017. The reason was the delay on the shipment to customers in the first two months of year 2018. The main raw materials’ crop, which is sweet corn, was delayed due to the weather. The
delay from government spending and the declining trend of steel price from the same period of previous year. 2. Gross profit margin was 9.30% of Total revenue, increased from last year that gross profit
wait for clarity from the election. Resulting in investment from the private sector Government slowdown high competition Customers postpone the plan and delay investment. Resulting in the results of
affected by floods which caused delay in the installation. Following such incidents, the Company received extension of completion due date under a resolution of the Cabinet to relieve construction
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
, mainly come from 1)Customers delay some of the project construction plan, thus it is not possible for making construction and revenue recognition 2)The economics slowdown due to the COVID-19 epidemic, thus
percent from the previous year, mainly come from 1)Customers delay some of the project construction plan, thus it is not possible for making construction and revenue recognition 2)The economics slowdown due
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
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
, the Company was affected by the ongoing outbreak of COVID–19 which caused the customers to change the work methods resulting in the delay in delivery and inspection of equipment or project. As a result