that unable to sell at market price and UWC’s subsidiaries have recognition the cost of closing project with residual income from delivery. (3) Expenses Quarter 1-2019 company and its subsidiaries has

projects increased continuously. For the property management business, the revenue recognition also improved. (2) In this quarter, the Company recorded total costs and expenses of THB 1,222.95 million

and the sale of holiday club memberships increased by Baht 167 million. The difference is largely attributed to the revenue recognition of property sales projects namely Cassia Phuket which were higher

abroad sales and lower revenue recognition from overseas sales resulting from Thai Baht appreciation against 3 main currencies (USD, EUR, and AUD) even though having higher export volume compared to the

. From the revenue restructuring plan of the MK Group by increasing its recurring business during the past 2-3 years, the Group gradually increases its revenue recognition from rent and service. During the

increasing in staff costs. • Finance cost for the 1st quarter 2020 is at 1.2% of revenue from sale, which increased by Baht 4.5 million from the same period of last year. This effect from recognition of

previous year to 2 0 .8 % due to the recognition of a one-time extraordinary item related to business restructuring as part of cost of goods sold and selling and administrative expenses. Consequently, the

2020 has increased the profit from the derivative contract. Which is the recognition of profit from hedging contracts. The said transaction will be released in the quarter that the contract is already

ำกัด (มหำชน) 50/1203 หมู่ 9 ต ำบลบำงพูด อ ำเภอปำกเกร็ด จังหวัดนนทบุรี 11120 โทร. 02-9817992-4 แฟกซ์ 02-9817995 percentage of revenue recognition from private sector jobs. In 2019, the proportion of

9.3%, which the recognition of liability as the adoption of TFRS16 was Baht 32.63 million as well as bank overdrafts and short-term borrowings from financial institutions decreased by Baht 8.00 million