Nation U Co., Ltd., the subsidiary of the Company, and change in the accounting policy regarding the record of the land valuation To: Director and Manager The Stock Exchange of Thailand (SET) Attachment
Developments) Limited. The joint venture (51:49) led to a change in accounting treatment on this project, from previously Consolidation to Equity Method. This activity was resulting in a decrease in Cost of
:49) led to a change in accounting treatment on this project, from previously Consolidation to Equity Method. This activity was resulting in a decrease in Cost of property development and an increase in
., the subsidiary of the Company, and change in the accounting policy regarding the record of the land appraisal To: President The Stock Exchange of Thailand Attachment: Information Memorandum on the Asset
accounting policies decreased finance costs in the amount of Baht 312.44 million resulting from the change in fair value of derivatives. Management Discussion and Analysis For the Three-month and Nine-month
, decreasing by Baht 502.64 million or 47.1 percent from Baht 1,067.48 million in the first six-month period of the year 2017. The main reason was the change in accounting policies decreased finance costs in the
liabilities stood at THB 7,174.9mn • Debt to Equity ratio stood at 1.04 times as of 31 December 2019, decreased from 1.14 times as at end of 2018 Change in accounting policies and reclassification in 2019
in 3Q18, a 28.4% decrease from 3Q17. The decline was attributable to an increase in rental expenses due to a change in accounting entry for the hotels under Dusit Thani Freehold and Leasehold REIT
4G and fixed broadband network expansion. • Network OPEX was Bt6,879mn, increasing 38% YoY and 26% QoQ mainly due to the change in accounting treatment on the partnership with TOT since 1Q18. Excluding
) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate and our joint