events - On March 14, 2018, EGCO divested all 18.72% shares in Eastern Water Resources Development and Management Public Company Limited to Manila Water Company Inc. EGCO Group recognised gain on disposal
year. Selling, general and administrative expenses (“SG&A”) increased by 64.2% YoY from THB 64mn to THB 106mn. In this quarter, the Company recognised acquisition-related expenses of VGM and Trans.Ad of
of assets of Baht 816.7 million. An impairment charge was recognised at Avani Khon Kaen Hotel and Convention Center as a result of the revaluation of the hotel. 1.3 Share of Profit from Investments in
project totaling Baht 7.30 million. The Group has not recognised the liabilities since the subcontractor did not execute and deliver the services as specified in the contract, and it caused damages to the
will be recognised after issuance and offering newly share capital of 87,000,002 shares completed and registered at Department of Business Development, Ministry of Commerce. 5. Value of Assets Being
of Other shareholders in WCIH will be recognised after issuance and offering newly share capital of 87,000,002 shares completed and registered at Department of Business Development, Ministry of
opened in February 2020, Vienna House Kronberg, was recognised. THB 1,992mn Hospitality THB 1,339mn 67.2% Office THB 93mn 4.7% Others THB 506mn 25.3% Management THB 55mn 2.8% * Includes Interest income, FX
Water Company Inc. EGCO Group recognised gain on disposal totalling Baht 4,358 million. - On March 15, 2018, EGCO divested all 50% shares in GIDEC Company Limited to IEC Green Energy Company Limited. EGCO
recognised non-recurring items comprising of 1) COMASS’s acquisition related expenses of THB 2mn and 2) Net gain from deferred tax adjustment of THB 4mn. As a result, net profit from operation increased by
last year. Selling, General and Administrative expenses increased significantly by 78.6% YoY from THB 66mn to THB 119mn. In this quarter, the Company recognised a non-recurring item from loss on