decrease in the accrued cost in construction project (calculated as accounting standard). The decrease is mainly from equipment requisition, engineering service fees and advance deposit deductions. • Long

of products with the high waste during production still higher than standard setting. 3. Selling expenses For Quarter 1 of the year 2020, the selling expenses was 2.99 million baht or 3.05% from sale

244.89 (124.98) (51) Accounts receivable 235.51 183.83 51.68 28 Inventories 219.25 154.30 64.95 42 Other current assets 1 81.68 56.04 25.64 46 Non-current assets Property, plant and equipment 476.68 491.68

%) Note: (1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 EBITDA (MB) 1H/2016 1H/2017 Increased

Street English”. The revenue from English language school is recognized according to the international accounting standard which recognizes revenue gradually according to contracts period entered into

Reporting 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

was 1,127 branches, the company opened new 65 branches, most of them being standard stations, emphasizing a modern aesthetic on main roads and locales with potential. Additionally, existing location

, entered into an Agreement with Cherdchaiwon Company Limited which is the Company’s related party in order to build a Specific Hydraulic Platform with its equipment and system and to produce a structural

concession agreements for tap water according to accounting standard TFRIC12 EBITDA (MB) For the three-month period For the six-month period Q2/2017 Q2/2018 YoY % 1H/2017 1H/2018 YoY % Operating profit 470.62

, there was 71 new branches added compared to the end of Q3/ 2017; most of which are standard service stations with modern aesthetics, situated in locations with high prospect. The company has always been