Standard No. 15 (Revised) : Revenue from Contracts with Customers, effective 1 January 2019 has impacted on the Company and its subsidiaries’ financial statement as follows : o Brand : Adjusting some
Changes in accounting policy and reclassification in 2Q19 During the three-month and six-month period ended 30 June 2019, the Company and its subsidiaries have adopted TFRS 15 “Revenue from Contracts with
) Sign, approve and perform any documents or contracts that necessary and relate to the redemption and transfering process of Land and Buildings which is approved by the Shareholders meeting or negotiated
yearly contracts. Also, the Company is controlling and improving the rate of loss from production process. However, the determined policy and controlling the rate of loss cannot eliminate all the risks
details are as follows: (a) Disposition of the assets in PP1 and PP3 included: land, hotel, Observation Deck, Retail Cube Building, sculptures and artworks, the licenses and contracts which are relevant to
material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and yearly contracts. Also
adopted Thai Financial Reporting Standards (TFRS) 15, Revenue from Contracts with Customers. The standard affects the accounting of handset campaigns which are contracted with price plans. Prior to 2019
transferring process. (B) Sign, approve and perform any documents or contracts that necessary and relate to the redemption and transfering process of Land and Buildings which is approved by the Shareholders
currency. Under the current terms, sponsorship contracts with CFC and EFL are ended in June 2021 and May 2022, respectively. The sponsorships are aimed to envision the image of “World Class Brand, World