economy growth in 2019, the slowdown of Government’s energy Saving programs promoting the replacement of conventional lamps to LED and the delays of sales revenue recognition resulting from product
percent due to ceiling fans and lamps that the company has, the products are obsolete, not marketable. Therefore, the Board of Directors No. 10/2020 on November 11, 2020 has resolved to bid to sell all
or 39.57 percent due to ceiling fans and lamps that the company's existing products are obsolete, not marketable and the company plans to discontinue the sale of ceiling fans and lamps in the future
due to the auction of fans Page 2 of 3 and LED lamps. The company allows the bidder to deposit the goods without compensation. According to Thai Financial Reporting Standards No. 15, companies must use
, a increase of 0.50 million baht, a increase of 465.74% due to the auction of fans and LED lamps. The company allows the bidder to deposit the goods without compensation. According to Thai Financial
lamps. The company allows the bidder to deposit the goods without compensation. According to Thai Financial Reporting Standards No. 15, companies must use revenue from sales of goods, recognized as income
period of the previous year due to 1.1 Revenue from sales of 3.86 million baht, a decrease of 3.23 million baht or 45.61 percent due to ceiling fans and lamps that the company has are obsolete products
inventories, ceiling fans and lamps and plans, are obsolete products and are not in current demand of the market. The Company plans to cancel the sale of ceiling fans in the future. 1.2) Revenue from
due to sale ceiling fans and lamps decrease. 1.2 Revenues from electricity sales amounted to 28.47 million baht, an increase of 3.32 million baht or 13.19 percent. 1.3 Revenue from catering rooms and
Universal. Moreover, the completed design for lighting shows, consisting of more than 15 million lights also requires more cables and equipment of installation of lighting system. There are also more details