declined by THB 365 million or down 18%, although, sales volume from both plants was close to the previous quarter. However, the company could only recognize sales volume from methyl ester plant 1, thus, the
has adopted TFRS 15, Revenue from Contracts with Customers, on modified retrospective approach. As a result, AIS elected to recognize the cumulative effect of initially applying this Standard as an
advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to recognize CMG
lower GPM of these 2 projects was due to their readiness to transfer and recognize revenue when the Company bought them in for sell, which eliminate construction risk for the Company. For F&B business
some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to recognize
the condition precedent (Condition Precedent) to complete the joint venture. After the joint venture, J Fintech will no longer be a subsidiary of the company. In which the company will recognize the net
from the 14th March 2019 (the first day that GPSC has recognize GLOW’s performance in the consolidated financial statement) until the 30 th May 2019 according to the consolidated financial statement of
2019 of 26.14%, has resulted in the company being able to recognize net profit for the company at 95.25% after the 22nd May 2019. Consequently, on the 19th June 2019, the Board of Directors has passed
“Leasing” (TFRS16) in 2020. It requires the renter to recognize assets and liabilities for every lease with a lease period of more than 12 months, unless the underlying asset is low. - 6 - Equipment for
Baht 153.26 million or 5.56%, the mainly cause from recognize the operating result during the period. Please be informed according Yours Sincerely, AI Energy Public Company Limited Miss Arunrat