increased by 406.13% from the average selling price in 2nd quarter of 2019. Currently, Company only sell to some industrial customers, which entered into short-term contract with specific quantities and
government orders. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that
revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service
lives of building improvement and electrical system for leased building. The estimates were previously set based on the Revenue Code. These estimates were then revised to align with the lease contract
(Discounted Cash Flow) The estimates are subject to assumptions, which are summarized below. - Revenue recognition starting from the opportunity to be selected into the procurement contract The income that can
the procurement contract The income that can be used for discounting can be classified as follows: Project type contract budget (Million baht Opportunities1/ (Persent) Start recognizing revenue The
past, which GJS defaulted from the contracts), which is as a measure to resolve and debt restructure from GJS, the interest rate of long-term loan at 12% p.a. (Separated financial costs: THB 207 million
] preventing leaking of inside information between units and personnel, [iii] internal control and [iv] risk management for operation of derivatives business in the category to be commenced, including measure