Microsoft Word - ACC-LT022_E_MDA-Y'1Y (provision) (RW).docx WIIK & HOEGLUND PUBLIC COMPANY LIMITED 90 CW Tower A T + 66 (2) 6128600 Business ID 0107538000151 35th Floor
oil and labor costs In the first quarter of 2019 The Company is able to deliver work that has been postponed from the previous year to more customers and recognizes revenue according to the success of
2020 The Company recognizes revenue from the production line installation project and the production line test for the whole system installation, which is expected to be installed in May 2020, resulting
economic recovery. From the above situation, it affects the sales that customers postpone, slowing or canceling investment plans. For the second quarter of 2020, the Company recognized revenue from the
) (Translation) ” means a contract whereby a person, called a settlor, transfers or creates real right or any right appertaining to property to or for another person, called a trustee, with trust and confidence in
of the opinion that, subject to the contract, EARTH, as the contracting party, was not required to be responsible for the debt in relation to the special circumstance damages. Furthermore, EARTH had
and paid-up share capital. 4. Rationale to Enter into The Transaction The renewal of the land rental contract is required since the previous agreement expired. The subsidiary company rents this land for
employment contract to customer on project and UWC has more invested with affiliate company of 192.47 Million Baht, decline in depreciation charge of 134.09 Million Baht, subsidiary (UWC) decrease in
company will have paid off the debt for which it signed an additional financial management contract in 2020. Contract liabilities increased by 54.8 MB, representing an increase of 15.6% because of in 2021