contracts as Subcontractor such BangPa-Kong LNG Terminal Phase 3 project (Design, manufacture, and installation of liquid gas storage tanks) the contract value of 204.12 Million Baht, and Olefins
279.36 Million Baht which were advanced received from customers. And these amount going to reduce by portion of next milestone’s payment follow by contract. However, Service income received in advance and
agreement Equipment and service contract for monthly payment of 50,000 Baht (according to the original contract) - utility service agreements for monthly payment of 40,000 Baht (according to the original
financial status as at 30 June 2020 The group’s assets decreased by Baht (258) million, mainly due to the following reasons: • Trade and other receivables decreased Baht (239) million because of payment due
share capital in year 2016 to paid long term loan and loan from related parties totaling of Baht 12.94 million and payment under hire purchase contract of Baht 3.13 million including interest paid of Baht
payment period with customer around 30 days to 45 days. o Contract assets (Unbilled receivables) totaling of Baht 518.21 Million. Reduced of Baht 46.67 Million, compared with last year. As a result of some
customer payment term. o Unbilled receivables totaling of Baht 426.99 Million. Increased of Baht 153.27 Million from last year. The main reason is revenue recognized were greater than milestone payment of
amount going to reduce by portion of next milestone’s payment follow by contract. However, Service income received in advance and Advance received from construction contracts were reduced by Baht 205.18
amount going to reduce by portion of next milestone’s payment follow by contract. However, Service income received in advance and Advance received from construction contracts were reduced by total of Baht
due to delays in the delivery and the amendment of additional contracts before payment of the government sector. Contract assets increased by 474. 3 MB, representing an increase of 52. 4% . This is