accounting policy for derivatives and hedge accounting. The changes have been applied retrospectively. The significant principles are as follows:- Derivatives are used to manage exposure to foreign exchange
recognized as ‘right-of-use’ and ‘ lease liability’ at the present value of lease payment over the remaining lease term. The leases including tower lease agreement, site rental, office & shop building rental
volume, increased selling prices, and ability to manage operating costs. Our 2017 Gross Profit was recorded at Baht 541.4 million, a 4.5% increase from that of 2016. Power Business In 2017, our Share of
retained earnings of the reporting period as at March 1, 2020, the additional credit loss allowance has been recognized against retained earnings and net of their related deferred tax, resulting in a net
increased by THB 44.3 mm or 8.6%, compared to the same period of previous year, mainly due to the one-time excessive charge amounting to THB 26.5 mm recognized during the first quarter of 2019 considered as
subsidiaries recorded loss of Baht 52 million, decreasing from Q1/2018 that recognized net profit Baht 9 million, due to 1) sales shrinkage in CMG and domestic branded sales; 2) higher cost per unit as a result
) selling and administrative expense reduction according to the Company target. EBITDA in Q1/2020 was Baht 90 million, an increase of 1,003% from Q1/2019 that recognized EBITDA Baht 8 million. Thai
of 262.7 million baht, or 9.3% compared on the same period from last year. Due to The Group has continuously recognized revenue of condominium projects and house projects from 2019. Moreover, The Group