period of last year. These increasing revenue resulted from revenue recognition by percentage of completion of projects on hand (Backlog) which were hired on 2017 until 30 June 2019. As at 30 June 2019
in Carnival Magic Project 2. Parties Involved Hiring Company: Carnival Magic Company Limited (“Carnival Magic”) Hired Company: Cherdchaiwon Company Limited (“Cherdchaiwon”) Relationship with the
hired since 2017. Including, construction projects which signed during 2019. As at 31 December 2019, the Group has backlog for construction services total of Baht 2,287.39 Million. Regarding, the new Thai
hired on 2017 until 30 September 2019. As at 30 September 2019, the Group has backlog for construction service total of Baht 1,868.31 Million. Since 2018, the Group has been hired construction projects by
%) Sales of electricity to Industrial Users (IU) 4.0 4.7 4.9 4.3% 22.5% 9.5 14.4 51.6% Revenue from maintenance services to outside - - 47.8 N.A.(>100) N.A.(>100) - 47.8 N.A.(>100 ) Sales from Biomass Power
of intangible assets and goodwill At the end of year 2019, the Company hired independent appraiser to value the investments in subsidiaries and found that fair market value of Bake Cheese Tart
many projects although the Company has already been hired. A subsidiary has increased work deliveries in the amount of Baht 29.47 million compared to the same period of previous year. (2) Cost of sales
company to prepare the training courses, uniforms and all security equipment for the hired employees. 3. Gross profit of Solar energy (“SE”) decreased Baht (1.12) million, which mainly comes from an
public for development. • Purchase, develop, distribute and sale of land to company and general public in both inside and outside industrial estate. • Industrial and commercial horizontal real estate