construction works. Under this method, the revenue recognised is based on the latest estimate of the total value of the contract and actual completion rate determined by reference to the physical state of
based on the consolidated financial statements which consist of the Expressway Business, Rail Business, Commercial Development Business, and return on investment in other companies. Therefore, there was
May 31, 2020, the loss allowance for a financial instrument was calculated based on the concept of expected credit losses (ECL), the principles of hedge accounting and forward looking macroeconomic
notification of project awarded no. CAZ-016-2563, dated 13 July 2020). Additional, at present bidding construction contracts from target customers are based on their requirements. Lead to the Group construction
4.9 THB mm (based on the conservatism principle, which the case is not yet final and is in the legal process) For the three-month period ended June 30, 2020, total one-time expense is 6.3 THB mm
which those expenses are adjusted downwards based on sales amount, comprised of over-time compensation, associate’s sales incentive, credit card fee, variable rental expenses, and marketing expense. The
) Calculated based on total revenue from sales of food and beverages per total operating days of the same branch 3 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250
distancing practice both at stores and at head office; working from home; setting up alcohol-based hand sanitizing stations; installing thermal scanners at selected screening points for associates, customers
increased by 32.7 MB, representing an increase of 33.4%, this is because the discount rate for calculating liabilities with long-term employee benefits which was based on the interest rate of the long-term
assets5 (%) 43.2% -47.0% Debt to equity (times) 0.3 0.3 Asset turnover (times) 0.8 0.4 Remark: Financial ratios were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK The