buildings were newly completed and introduced to potential customers. Due to the accounting standard, the company had to amortize leasehold rights of these new warehouse/ factory buildings. However, the
, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, CPN have made notable progresses in the following mixed-use
comprises 5 shopping malls, namely CentralPlaza Rama 2, CentralPlaza Rama 3, CentralPlaza Pinklao (including Pinklao Tower A & B office buildings), CentralPlaza Chiangmai Airport and CentralFestival Pattaya
, residential buildings, offices, shops, restaurants, hotels, schools, playgrounds, auditoriums, factories, warehouses, and other places. 3. Selling and administrative expenses Selling and administrative expenses
represented 83.79%, increased by 100% due to the Company have new spray service for all types of residential buildings, offices, shops, restaurants, hotels, schools, playgrounds, auditoriums, factories
completed and the construction of various buildings has progressed by more than 84.63% of the total construction. At present, the project is in the process of the development of utility system including the
valued at Baht 1,108.67 million and Baht 1,640.43 million. The increase in this value was because the Company realized the value of the new hospital buildings. The Company saw total liabilities of Baht
, buildings, and equipment increased by Baht 153.98 million, because of the investment of Baht 163.59 million in equipment and the depreciation during the year. - Biological assets increased by Baht 1.99
Company Limited, has already completed the construction of buildings and set up all equipment. Depreciation has to be fully recognized. Revenue recognized in the second quarter was not enough to cover such