of the conditions precedent under the share purchase agreement. The completion of this transaction is expected to be in the first quarter of 2019 and the revenue recognition to GPSC will be
comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for
to obtain a customer contract shall be recorded as an asset and amortized to expenses on a basis that is consistent with the pattern of revenue recognition. Under the previous accounting policy, the
of equipment or the project therefore delaying the operation and delivery of the project. As a result, the revenue recognition in Q1–2020 has also decreased. However, the revenue in Q1–2021 slightly
) (10.89) (3.05) (9.40) Total 581.02 491.04 1,106.54 1,014.64 89.98 18.32 91.90 9.06 - Contract manufacturing business of ready-to-drink milk and pasteurized fruit juices saw its income increase by Baht
period. due to the Company’s more contract manufacturing in full-service format, resulting in the recognition of cost of raw materials and packaging materials included in the cost of sales and services
0.06 0.42 3.32 11.28 Total 617.27 578.43 1,264.03 1,101.31 38.84 6.72 162.71 14.77 - Contract manufacturing business of ready-to-drink milk and pasteurized fruit juices saw its income increase by Baht
, mainly due to sales increase from fruit juice and milk products, and sales recognition from Long Quan Safe Food JSC (LQSF), Vietnam. Total Contract Manufacturing Business (CMG) sales decreased 6% YoY
divided into 400,000 ordinary shares, valuing at Baht 10 each and fully paid. On July 12, 2019, HKP has entered into the Power Purchase Agreement for Hin Kong Power Project in Hin Kong Sub-district, Muang