accuracy of goods on consignment and record of cost of goods sold. The SEC therefore determined a one year period where Chanunkorn?s application for approval as auditor in the capital market will not be
materials Table 2: Raw material prices and purchased volume The effect from copper was about 2.2 % on product sales price. Table 3: Consignment In 1Q 2018, consignment sales were totally realized. (Amount: in
2,647.55 million. This year, the Company recognized sale not only from its low-rise housing projects but also from the Park Court condominium units. The company had number of bookings which would be able to
million). In addition, the decrease in Sales was due to product mix (Table 5) and an adverse effect of unrealized consignment sales (Table 3, unrealized revenue amounted to Bt115 million in 2018). Cost of
consignment (ตารางที 3 ในไตรมาส 2/61มีรายได้ทียังไม่ได้รับรู้จํานวน 3 ล้าน ดอลลาร์สหรัฐฯ หรือประมาณ 109 ล้านบาท) ต้นทุนขายและกาํไรขั นต้น อตัรากําไรขั นต้นของไตรมาส 2/61 สงูขึ นเมือเทียบกบัไตรมาสก่อน เป็นร้อยละ
million or 27.8% when comparing to the same period of last year which was THB 632.82 million. This was mainly come from the transfer of housing units from the housing projects that the Company launched
real estate development and service business. The Company has developed premium housing projects in central business area to open up new business opportunities. Moreover, the opportunity in rental real
housing units were booked during end of the third quarter and these units can be transferred and realized as revenue in the next quarter. - Revenue from rent and service was THB 50.38 million comparing to
these housing units were well fit with customers’ demand. As a result, sale and transfer units were higher than MK’s projection. In addition, the Company was able to complete sell of all units in some of
price. Table 2: Raw material prices and purchased volume Table 3: Consignment A change in commercial terms to a Customer Manage Inventory (CMI)/ consignment basis caused revenue realization of