investment in new project having instant recognized operating results. Furthermore, the decrease in deferred revenue of THB 2,033.4 mm was mainly caused from reversal of deferred revenue due to recognition of
amounted to 66.00% of its registered capital. The company recognized loss from sales of investment in a subsidiary in sum of Baht 2.98 million, causing the group of company to lose the controlling interests
retained earnings of the reporting period as at March 1, 2020, the additional credit loss allowance has been recognized against retained earnings and net of their related deferred tax, resulting in a net
of 262.7 million baht, or 9.3% compared on the same period from last year. Due to The Group has continuously recognized revenue of condominium projects and house projects from 2019. Moreover, The Group
financial assets increased Baht 4. 95 million due to fund acquisition Baht 5 million as at the end period of such fund, it got loss Baht 0.05 million, which was recognized as other comprehensive income
million decreased from Baht 3,959.51 million as of December 31, 2019 of Baht 397.74 million or -10.05% from recognized loss profit of the first quarter of the year 2020. The Company and subsidiaries
or 35.6 % from the same period of 2020. This was due to the company recognized lower interest expenses on the lease liabilities relating to the Thai Financial Reporting Standard No. 16 "Leases" (TFRS
cumulative effect is recognized as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated. The impact to Financial statements of such adoption was
the revenue in Q1–2020, it is recognized from projects that have just been bidding at the end of 2019 and at the beginning of 2020 and also large projects which have been ongoing since the year 2019
loss and its movement shall be recognized to reflect the change of credit risk since initial recognition. Hedge accounting which determines the type of transactions eligible for hedge accounting