quarter the Company recorded net loss from exchange rate of THB 184 Million. • Reversal of loss on devaluation of inventories during the current Quarter of THB 50 Million, while in the last year quarter the

recorded gain on fair value adjustment of investment due to reclassification in the amount of Baht 2,334 Million, net of corporate income tax. 5. The progress of the MRT Blue Line Extension Project At the

which was the leasehold of 30 years and renewal for another 30 years. The lease of land is considered as an operation lease because land is usually given unlimited economic benefits and recorded as the

as an operation lease because land is usually given unlimited economic benefits and recorded as the deferred income. Shareholder’s equity As of 30 June 2018, the Company had total shareholder’s equity

scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such cold rolled stainless steel sheet and coil and special grade stainless which the

customer has canceled the order suddenly. Given such circumstances and a decline in crude palm oil price, the Company has encountered a difficulty in managing the inventory turnover and recorded stock loss

steel sheet and coil such cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods

milion from SDWTP due to the delay of planned volume ramp up was recorded in 1Q2020. The details are shown in the table below. (Unit: Million Baht) Utilities Business 1Q'20 1Q'19 % Change Revenue from

together with THB 115M gain on conversion option embedded in convertible bond. According to TFRS 9, all derivative instruments must be mark-to-market to be recorded at its fair value and any changes in fair

cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Majority of cost of goods sold are cost of