reason is that in Q2–2019, there was recognition of revenue from many large-scale projects which had a relatively low gross margin. Furthermore, In Q2–2019, there was an additional reserve for employee
ordinary shares Therefore the company must have revenue recognition into the financial statement Resulting in increased service revenue Which can classify income as follows Unit : million baht Service For
million THB, most of which is the income recognition of ready-to-move-in projects as well as the 4 projects completed and ready to be handed over. There is thus lesser number of projects under construction
adjustment cost of main project which was Fourth Transmission Pipeline Midline Compressor Station project (PTT MCS). And that transaction was greater than revenue recognition for these period. Q3 2018, the
increased the profit(loss) from the derivative contract. Which is the recognition of profit(loss) from hedging contracts. The said transaction will be released in the quarter that the contract is already used
249.10 (32) Less Loss on derivatives 92.95 - n.a. Loss on change in status of investments 5.72 - n.a. Share of profit (loss) from investment in (0.14) 5.30 103 joint ventures Gain (loss) on recognition of
the customer and recognition of all remaining costs of project work that has been closed according to purchase order with delivered income Distribution cost as amount of 33.72 Million Baht as 12.08
most condominiums Less revenue recognition than 2019. Which is the main revenue from real estate sales Income from the sale of townhome amounts 59.22 Million Bath, which is increase by 13.82 Million Bath
Company’s amortization of intangible assets arising from the purchase of investments in associates and the result of associates’ delayed revenue recognition due to the delay in delivery of work. Consequently
Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products