recognized in the future barring any cancellations. The overall revenue from hotel operations which comprise of hotel, golf and retail operations decreased by Baht 216 million over the prior year as a result
investment in Thanh Cong Securities Joint Stock Company. The Company recognized share of loss from associates of Baht 11.77 million, improving by Baht 38.06 million from last year. The share of loss from
cadmium litigation according to the latest court ruling which was already recognized in Q1 2017. To reflect the current existing value of assets as approved by the company’s Board of Directors May 5 th
the time of this report, there is a total of Baht 2,270 million in property sales revenue which will be recognized in the future barring any cancellations. • Other income increased by Baht 108 million
to the financial statement. This resulted from the recognized share of loss from the investment in the associate companies that by Baht 74.20 million. 2. Analysis of financial status as at 31 December
increasing was attributed to higher domestic sales. Moreover, the Company generated higher export volume, but the Company recognized increased slightly sales revenue from overseas sales resulting from Thai
long term loan for construction and working capital. (7) Share of profit (loss) from investment in associated company and joint ventures In the first quarter of 2019, the Company recognized the profit
Baht 10.15 million according to the financial statement. This resulted from the recognized share of loss from the investment in the associate companies that by Baht 14.03 million. 2. Analysis of
from foreign exchange by hedging to every payment from overseas, only recognized the income into the account. Cost of Goods Sold The company had the cost of goods sold as 193.84 million baht, decreased
, but the Company recognized increased slightly sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of