recognize CMG revenues when goods are ready for transfer to customers and not when it has been transferred. This impacted the Company and its subsidiaries’ financial statement on total sales and net profit
amounting to THB 727.75 million and the acquisition of program rights by transfer from this account amounting to THB 1,025.27 million. The balance of this account can be categorized as follow: (1) Advance
finance lease under power purchase agreement 102.3 103.2 102.9 102.0 (0.9) (0.9) 410.4 417.0 (6.6) (1.6) Revenue from construction under a concession arrangement - 68.5 21.2 14.9 (6.3) (29.7) 104.6 - 104.6
villas with the price point of $900-$1,000 per night. We expect to start construction in 2020 and commercially open by 2022. 50% of share transfer of the joint venture company – Prime Location Management 3
Center of the Company. 5/11 Building construction such as Printing plant, Warehouse, Distribution office, Chemical store, and Small power plant with average usable life of 13 years. Other constructions are
in Chonburi was insufficient, therefore; the company needed to transfer water from Prasae reservoir to Chonburi area. 2) Raw water cost increased from purchasing raw water from private source in order
% - Other Revenue from Utilities Business2 112.7 25.4 343.7% - Power Business 10.2 3.2 221.8% Costs of Sales and Services (1,164.4) (1,120.0) 4.0% Gross Profit 692.8 588.3 17.8% Gross Profit from Operation3
situations. Another factor of economic slowdown was the drought directly affecting agricultural products as well as their decreasing prices, causing the decrease of the domestic market’s main purchasing power
projects was around 50-60% as planned and expected to be ready to transfer from 1Q18. Presales have started since January 2016 and CPN achieved 100% take-up for all three projects at the end of October 2016
amount of share purchase price and Director’s Loan at the time of such ownership transfer shall be still in the limit of THB 315,000,000. After obtaining approval from the Board of Director of the Company