2019. There was a higher in demand of Company’s products and due to uncertian situations that might occur from the COVID-19, the Company delayed payment to financial institutions in order to carefully
the delivery of equipment or project until this situation can be controlled. Therefore, the operations and delivered projects are delayed, resulting in the decrease of revenue in Q1– 2020. In terms of
) that effect to delayed operation in many project. Commercial and residential (B2) The revenue of business segment was increased from the same period of the year 2019 in an amounting of baht 0.11 million
partially offset by lower production and delayed price adjustment of raw material price increases in the Portugal operations. Selling and administrative expenses increased from Baht 397.06 million in Q4 2020
quarter of year 2022 4 the delayed impact from price adjustments were recorded in Q3 2022 (3 months) leading to improved Gross profit margin for Q3 2022 (3 months). Selling and administrative expenses
of investments in associated companies and the result of associated companies’ delayed revenue recognition due to the delay in delivery of work. Consequently, in 6M2023, share of loss of investments in
% YoY. This was mainly due to the Company’s amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue
Interchem. ADB Facility On February 23, 2018, B.Grimm Power entered into a facility agreement with ADB (the “Lender”), pursuant to which the Lender agreed to make available to B.Grimm Power a loan facility in
made once in cash for a total amount of 110,066,200 baht. 4. Basis used in determination on the value of consideration. It is agreement between buyer and seller by considering at present value of total