., Ltd., and 100% in SAFE Biomass Co., Ltd. For the three-month period ended 31 March 2019, the Company recognized the profit from investment in joint venture of Baht 4 million. 2. FORTUNE-PARTS INDUSTRY
Biomass Co., Ltd. For the six- month period ended 30 June 2019, the Company recognized the profit from investment in joint venture of Baht 8 million. 2. FORTUNE-PARTS INDUSTRY ECUADOR CIA.LTDA., the joint
the six- month period ended 30 June 2019, the Company recognized the profit from investment in joint venture of Baht 8 million. - 4 - 2. FORTUNE-PARTS INDUSTRY ECUADOR CIA.LTDA., the joint venture of
previously held from investments in associates to investments in subsidiaries, and remeasured by the fair value at the acquisition date in amount of THB 3 4 1 million, thence the Company has recognized the one
rate. The exchange rate used in recognized sales for quarter 2 of 2018 was around Baht 30 - 31 per USD 1, while it was Baht 34 per USD 1 at the same period of the prior year. This was led to dropped in
100% in SAFE Biomass Co., Ltd. In the three-month period ended 30 September 2018, the Company recognized the profit from investment in joint venture of Baht 1.3 million. 2. FORTUNE-PARTS INDUSTRY
construction. (8) Share of profit (loss) from investment in associated company and joint ventures In the first quarter of 2020, the Company recognized the profit sharing from Mctric Public Company Limited for
rate and Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 10 of 15 3.) higher administrative expense upon business expansion. Hence, CPN is determined to exercise
Spectrum ( representing 90 percent of PCCA’ s registered capital) , is determined from the negotiation and agreement between both parties, taking into account various factors, such as, value of assets
the par value of Baht 10 per share in PCCA, held by BGP Spectrum ( representing 90 percent of PCCA’ s registered capital) , is determined from the negotiation and agreement between both parties, taking