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

recognize CMG revenues when goods are ready for transfer to customers (precisely after incubation period) and not when it has been transferred. This impacted the Company and its subsidiaries’ financial

company will recognize revenue and increased net profit from investment after entering the transaction onwards. 9. Risk factors of the Transaction. No expertise and rely on IGEN-ENERGY executives. However

190.65 Million, or 45.16%, compared with last year. Due to revenue recognize during this period. o Long-term loans from banks decreased from the end of previous year total of Baht 19.32 Million, or 13.44

financial institutions which are sufficient to complete the projects and is expected to transfer the ownership to its customers as well as recognize revenues in the second half of the year 2019. Windshell

Million, or 48.57%, compared with last year. Due to revenue recognize during this period. o Long-term loans from banks decreased from the end of previous year total of Baht 38.64 Million, or 26.89%, due to

, and requires a lessee to recognize asset and liabilities for all leases with a term of more than 12 months, unless the underlying asset is low value. As a result, right-of-use assets increased Baht 41

prices as well as the decline in public and private consumption. The tourism industry, especially in the hotel, transportation and restaurant businesses, was hard hit by the impact of COVID-19 outbreak

income, the gross profit decreased as well. Revenue from Air Freight for the first half of the year 2020 equal to 924 .96 million baht, an increase of 558.84 million baht or 152.64% of the revenue for the

will be able to recognize income/gain on disposed investment in total received amount. Loss on impairment of assets The consolidated performance in the year 2019, the group of the companies has