@kocrotus Aces is very strong in their market and the industry is growing very well. I think that there is room for number two in the home improvement industry to grow and profit.
In the U.S there is LOWE'S to HOME DEPOT,
In Thailand GLOBAL HOUSE to HOMEPRO,
In Philippines ACES HARDWARE to WILCON DEPOT,
and in Indonesia there should be MITRA10 to ACES

However CSAP is still stuck with low margin product like ceramic tiles. Once they increase SKU, home brand, and more branches, Higher margins should appear in the bottom line.

What do you mean by main government project indirect?