because the income from sale has decreased from 13,855.41 million THB to 8,719.77 million THB or 37.07%. The majority of the income derived from ready-to- move-in projects, accounting for 72% of the income
the Company and subsidiary companies increased 17.32% and 0.60% respectively, most of which was the income recognition from ready-to-move-in projects and recognition of one project completed in Q1/2019
industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been
million THB, most of which is the income recognition of ready-to-move-in projects as well as the 4 projects completed and ready to be handed over. There is thus lesser number of projects under construction
million baht due to the expansion of LCL causing the higher number of employees and moving office to support expansion which leads to the expenses derived from such move and the former improvement disposal
and a further period of 13 days in 1Q19. Due to the integrated nature of the site, these shutdowns adversely also impacted production of PTA thus impacting the EBITDA contribution from the EMEA region
and lower operating rates in several fiber manufacturing units. As all of these set of issues are now behind us, improved earnings from the EMEA region will have a further positive earnings impact for
first quarter of 2020, the total remaining backlog was THB 9,542mn, decreasing by 7.6% compared to THB 10,324mn at the end of 2019 from the value transferred of 6 ready-to-move-in projects namely (i) The