Revenue from Contracts with Customers, effective on January 1, 2019 onwards, CPN has amended the recognition of revenue from food and beverages in 2019 to accurately reflect the business nature of food
(Thailand) Company Limited at October 1, 2020 in accordance with the Public Limited Act B.E. 2535 (1992), as amended. This Amalgamation is considered as business combination under common control, and to
million or 6% year-on-year decrease. The revenues can be categorized as follows: Page 2 of 5 1. Restaurant business of THB 627.21 million At the year end of 2017, the Group operated restaurants under the
in 2016 to Baht 357.72 million in 2017, or 9.49%, due to the increasing competition from the market and customers were unable to install them that affected sales recognition did not on the target
(SDGs). It also brought to the fore investment management business operators, institutional investors and other capital market participants for an in-depth discussion on the Principles for Responsible
, respectively. PERFORMANCE BY BUSINESS Rental Properties Business Q3 2018 Q3 2019 Increase/ (Decrease) 9M 2018 9M 2019 Increase/ (Decrease) THB mm THB mm % THB mm THB mm % Rental Revenue 308.1 229.4 (25.6%) 828.9
domestic. Page 4 Export branded sales rose by c.35% YoY due to sales recognition from Long Quan Safe Food JSC (LQSF) a new subsidiary in Vietnam since 27 April 2018. If excluding LQSF, export branded sales
business. Cost of hotel operations CPN adopted a new hotel revenue and cost recognition from 2019 onwards in which net revenue from services was reported as gross revenue and cost on cash basis, resulting an
and private sectors, Thailand Responsible Business Network (TRBN) and allies therefore launched the “Send Plastic Home” project to promote the “sort at home, drop with us” campaign. They also provided
collection items from the NPL management business which we have not recognized (such as cash collected from auction sale pending recognition, suspended account for debt repayment, check pending collection and