. Inventories increased by 181.2 MB, representing a decrease of 67.4% due in Q1-2016 the company obtain new projects which were is still work in progress and not yet completed for delivery. Other current assets
Provincial Electricity Authority that started the project since the first quarter of 2018 has been completed in the first quarter of 2019. Smart service business The Company had revenue from smart service
have completed a couple of significant projects contributing to higher recurring revenue going forward. Revenue from overseas markets has improved YoY but was offset with the reduction in non-recurring
lent the money to Genesis Data Center Co., Ltd. and repay when completed applying loan with financial institutions. Other current assets increased 82.1 MB or 78.4 percent from the year 2017, since the
been completed on 19 February 2020. Page 2 of 7 Singha Estate Public Company Limited Management Discussion and Analysis 2019 On 11 December 2019, S Residential Development Co., Ltd., one of the Company’s
competitive activity on the export markets. We continue to see the positive impact of our acquisition of Saraburi Quicklime, which we completed in late Q1 2018, and is having a full, positive effect on Q1 for
the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories
Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the
, THB 366.4mn was revenue from real estate transfer. • Gross profit from real estate business in 1Q/2020 equals THB 43.0mn, having GPM of 11.7%. • Total assets as of 31 March 2020 equals THB 12,301.3mn
investment in assets relating to infrastructure (infrastructure fund), whether in the form of a company, trust, or any other form; 1 Amended by the Notification of the Office of the Securities and Exchange