and strict compliance with the respective principles and guidelines has brought about recognition of corporate governance standard in the Thai capital market. I trust that continual cooperation from all
an increase in total revenue of 81% YoY. These were mainly from a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex and higher contribution from
impact from TFRS 15 accounting standard, resulting in lower recognition of share of profit by THB 92.3 mm. However, this is merely accounting impact, not related to cashflow from operation. • Financial
1, 2020 of THB 5.1 million on equity following the recognition of lease liabilities of THB 350.4 million and additional right-of-use assets of THB 345.3 million. IAS 17 IFRS 16 Operating Leases All
effect towards the Group’s other revenue accounting policy, except for the sales of steam according to the Minimum take or pay contract of an associated company’s group in Indonesia. Revenue recognition
(Discounted Cash Flow) The estimates are subject to assumptions, which are summarized below. - Revenue recognition starting from the opportunity to be selected into the procurement contract The income that can
to grow at 3% YoY from sales recognition of new and some existing products. This was impacted by financial statement adjustment in accordance with new Thai accounting standards. According to the
digitization trend. It stays flat QoQ from full-quarter TTTBB revenue recognition offset by large projects closed in 4Q23. Market and Competitive Environment In the first quarter of 2024, Thailand's economic
transactions only matter in Clause 2 to 3 as well as the president conditions in the entire business transfer agreement the Extraordinary General Meeting of Shareholders No. 1/2018 Connected Transaction as