resulted in SINGHA?s 2007 financial statements having 63.7 million baht operating profit; instead of an operating loss.There are grounds to believe that such false revenues were items on sales of the wood
out of 16.47 MW. However, the company had an “all risk” insurance which covers all risks on the company’s Solar energy units. In fact, the company already received claims of damaged assets in Q3/2018
from insurance claims, interest income, rental income and others. In the first quarter of 2020, an indirect subsidiary received insurance claims from an insurance company Baht 171.9 million. The claim
the end of 2017 was 12 MTHB, decreasing by 119 MTHB comparing to 131 MTHB at the end of 2016. The decrement mostly came from the receipt of 111 MTHB insurance claims receivable from electricity blackout
expenses amounting to Baht 2 million. For Q1’2020, the most of income tax expenses is from the decreased in deferred tax asset of the reversal of allowance for loss on indemnity claims due to already paid
Other income comprised of income from insurance claims, interest income, rental income and others. In the first quarter of 2020, an indirect subsidiary received insurance claims from an insurance company
of 15-30%. Cost to revenue from sale of other products ratio was mostly from cost of operating wood chip in Cambodia which is currently under temporarily nationwide suspension of production and
, the Company has extended its business to the area of concert organization and the income obtained from the sales of Hinoki wood. Upon the setoff with the total cost of 42.75 Million Baht comprising the
. This was mainly due to the increase of the Company’s projects which are concert event and hinoki wood products in 2019. When deducted with the total cost of THB 5.20 million which consisted of the cost
event and hinoki wood products in 2019. When deducted with the total cost of THB 5.14 million which consisted of the cost of concert event of THB 4.01 million and selling cost of THB 1.13 million, the