’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Majority of cost of goods sold are cost of raw material are cold rolled stainless

will be recorded as unearned income in S’s consolidated financial statement and recognized as revenue over 30 years start in Q1’2019. In the meantime, S has invested in 20% shareholding in SPRIME

by SREIT, the Company’s wholly owned subsidiary and REIT manager of SPRIME. Net proceed was recorded as unearned revenue in the Company’s consolidated financial statement and would be recognized as

the year 2018. GFPT Group operates fully integrated poultry business involving the production and distribution of feeds, frozen chicken meat, processed chicken and its by- products under both the

the year 2019. GFPT Group operates fully integrated poultry business involving the production and distribution of feeds, frozen chicken meat, processed chicken and its by- products under both the

subsidiaries (collectively, “GFPT Group”) for the year ended December 31, 2017 as well as included any significant transactions occurred during the year 2017. GFPT Group operates fully integrated poultry

661 6664-5 www.indoramaventures.com ที่ IVL001/01/2020 6 มกราคม 2563 เร่ือง รายงานความคืบหน้าของการได้มาซึง่ธุรกิจ/สนิทรัพย์ที่เก่ียวเนื่องกบัการผลติออกไซด์และอนพุนัธ์แบบบรูณาการ (Integrated Oxides and

, following the gradual economic growth and the export sector has expanded well from the economic recovery. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a

export sector has expanded well from the economic recovery of trade relevant countries. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a subsidiary by Baht

amount of approximately 7.7 million baht in order to comply with the Labor Protection Act, revised and announced in 2019. Beside, company and its subsidiaries recorded the profit sharing to non-controlling