4,061 million, increased by Baht 702 million or 21% from 2018 mainly caused from the recognition of the operating results of the projects that the Company has invested and the commencement of commercial
business strategies, the aforementioned endeavors allowed KBank and K Companies to meet business targets and at the same time gain wide acceptance and recognition at home and abroad. B Contents Page
volume, and price per unit that increased. Combined with revenue from the Natural Resources business which rose from the rising global crude oil price. 2. Gross Profit was THB 3,858 million, increased by
the principles for the recognition, measurement, presentation and disclosure of leases, and requires a lessee to recognize assets and liabilities for all leases with a term of more than 12 months
revenue recognition. The transaction does not affect the Company’s cash flow. • In 2Q20, The Company recognized receivable from financial lease amount THB 321 mn which recognized in investment income until
supersedes TAS 17 Leases together with related Interpretations. The standard sets out the principles for the recognition, measurement, presentation and disclosure of leases, and requires a lessee to recognize
Contracts with Customers, effective on January 1, 2019 onwards, the Company has amended the recognition of revenue from food and beverages in 2019 to accurately reflect the business nature of food center
the same period last year, reflecting the concentration of domestic demand. This, combined with structural factors such as the expansion of the global value chain and e-commerce, increased the
as two separate line items in the audited financial statements for the years ended 31 December, 2016, 2017 and 2018, but are reclassified to be presented as a combined line item, “ interest income from