pursuant Thai Financial Reporting Standards No. 16 “ Leases” . As a result, EBITDA from the performance in 2Q2020 increased from 5.3 percent to 8.2 percent. Financial Cost The Company and subsidiaries
28% 0.36 0.26 0.10 38% Note: The new financial reporting standards were reflected in company’s result of 2020 2 / 5 • Due to COVID 19, revenue increased 3% from rice business and dividend received for
. Assets increased primarily from impact of the adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s
financial aspect with the current cash, cooperation amongst employees, business partners and financial institutions, and the availability of banking facilities if needed. Adoption of new financial reporting
represented in the consolidated financial statements as administrative expenses in accordance with financial reporting standards. The administrative expenses from the Company are slightly decreased Baht 2.1
administrative expenses in accordance with financial reporting standards. The administrative expenses from the Company are slightly decreased Baht 2.1 million or decreased 1.7 percent due to loss on exchanged rate
position for the first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the unreviewed consolidated financial statements. Changes in Financial Reporting Standards
million. 5. Recoded asset usage right in first quarter of 2020 at amount of Baht 131.03 million (according to Thai Financial Reporting Standards TFRS 16 "Leases") Liabilities As at June 30, 2020, the
Financial Reporting Standards No. 16 on leases, which caused an increase in fixed assets (land, buildings and equipment) as at 1 January 2020 by THB 41.66 million. Moreover, in the first 6-month period of