projects as well as the decrease in advance deposits received from customers after the construction of the project completed and the units transfer began. Shareholders’ Equity As of 31 March 2020, the
its subsidiaries recorded ending cash of Baht 100 million, a decline from Baht 116 million in Q1/2019, with details as follows: Net cash received from operating activities of Baht 4 6 million
from the backlog had been recognized in Q4/2020. Moreover, the sales campaigns at the beginning of the year are not well-received as usual as a consequence of the COVID-19 pandemic. Regarding the income
which themselves had lower revenue from epidemic situation of COVID-19. In addition, the company received lower initial membership fee income due to fewer new franchise branches opened when compared to
doubtful debts during this period (As at 28 February 2020, the Company received payment from the customer who had been set up an allowance for doubtful debts of THB 12.70 million and received payment by post
166.9 MB, representing an increase of 87.7% the main reason is that in Q1–2020, the Company received payment from trade accounts receivable but have not paid trade accounts payable since they are not due
Performance (cont.) Q2/2020 VS Q1/2020Q2/2020 VS Q2/2019 GPSC - Q2/2020 Management Discussion and Analysis (MD&A) 6 Economic Factors in 2020 Awards Received in Q2/2020 Synergy from Acquisition of GLOW Executive
in Q2–2020 increased from Q1–2020 and Q2–2019. The reason is that in Q2–2020, the Company received revenue from sales promotion from suppliers and reversed penalty on project delay that were fined in
under the conditions specified by this Notification; -2- (4) “originator or obligor” means any business that benefits from the money received from the sale of sukuk, which may be the same person as the