loan for “MahaNakhon” project since it started recognizing revenue in April 2016. Profit and Loss Results In Q1 2018, the Company had net loss of 4,086 million Baht or 331 % of total revenues; compared
increase in number of pop-up stores in Bangkok and other major provinces • Revenue from Franchising in 1H/2021 was THB 4 million, increased by THB 3 million or 300% from 1H/2020 due to fully recognizing
from the new tower agreement with TOT, recognizing revenue from space rental and maintenance which retrospectively taken affect from 1 Jan 2019. Such revenue is to offset against the cost paid to TOT for
decreasing 51% due to late arrival of iPhone12 this year. Total liability was Bt274,481, increasing 25%YoY from recognizing the lease liability of Bt58,363mn from TFRS16 adoption as well as increasing interest
was a result of recognizing gross profit from 3 of GLOW’s IPP plants for the full quarter which increased by Baht 766 million (Q1/2019 GLOW gross profit was recognized for 18 days). • The gross profit
. Besides, this decision conforms to the Company's policies in having itself focus on the core businesses, based on the group of the Company’s genuine knowledge and expertise, involving printing media
policies. When recognizing expected credit losses on the Company’s financial assets, it is no longer necessary for a credit- impaired event to have occurred. The Company applies the impairment approach to
Company will likely continue recognizing revenues from such projects. 9. Conditions on the entering into of the transaction None. 10. Opinions of the Board of Directors on the entering into of the
as enhance its competitiveness. 8.3 After the completion of the projects, the Company will likely continue recognizing revenues from such projects. 9. Conditions on the entering into of the transaction