from revenue recognition by % of completion of projects which were hired on 2016 – 2017 together new projects awarded on 2018 of 11 projects. The portion of each segment revenue of 2017 – 2018 as follows

39.80 Million Baht, or or 10.63%. The main reason of revenue growth resulted from revenue recognition by percentage of completion of projects which were hired on 2017 – 2018. Since 1st January 2019, the

. However, in this period the borrowing cost is recognized as the financial cost due to the completion of the plant construction. (7) Share of profit (loss) from investment in associated company and joint

new projects that will be launched in 2019. Moreover, there are on-going negotiation with new partners for expansion of commercial building business. This could add up recurring revenue in the Company’s

projects till completion. Thereafter, such interest costs will be recorded as finance costs in the Statement of Income. Upon project completion, loans are repaid in installments along with transfer of

resolved to approve the Company to enter into negotiation for the disposal of up to 86,000,000 shares, representing 50% of the total paid-up capital of Index Creative Village Public Company Limited (“Index

of KPPH’s shareholding, and KPPH shall become 100% owned subsidiary of CCPH upon completion. Purpose of Amendment To reduce potential taxable risks from Philippines side Estimated Transaction Date

in the contract assets or the accrued revenue from recognized project according to proportion to completion of work but has not yet reached the criteria for issuing invoices to collect money from

1,407.24 Million Baht or up by 111.99%. This was mainly due to the Rich Park @ Triple Station project completion, the revenue can be recognized in 2018, which is the main income from the sale of real estate

completed and Xayaburi Hydroelectric Power Project is now close to project completion. Cost of construction services and sales of construction materials For the first nine months of 2019, the Company and its