of listed companies during the COVID-19 outbreak. Due to the possibility of unpredictable outcomes, accounting estimates for the preparation of financial statements can be quite a challenge. In this
statement as of June 30, 2017 and the Company’s unstable profitability and unfavorable of steel industry which caused the Company might not be able to receive source of funds from other financial institutes
on its current financial statement as of June 30, 2017 and the Company’s unstable profitability and unfavorable of steel industry which caused the Company might not be able to receive source of funds
18.90% increased, while sale revenue only increase by 11.06% results in less profit margin compare to the year 2017 at 24.25 million baht, due to the unstable of production cost of new production line
amounting to Baht 67 million and Baht 4 million, respectively. The loss was increased by Baht 63 million. Due to the unpredictable spread of Coronavirus (COVID-19), Baht depreciation against US Dollar during
economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the
gains and overweigh losses. But the same outcome can be framed as a gain or a loss depending on the choice of reference point. So consumer choice can be unstable and vary depending on which reference
from intensively focusing on income from Government Projects. In the past, the Company experienced unstable cash flow and liquidity problems from delayed projects and unexpected budget allocation of
addition, the Company has adjusted strategic and operational objectives from intensively focusing on income from Government Projects. In the past, the Company experienced unstable cash flow and liquidity