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
contracts as Subcontractor such BangPa-Kong LNG Terminal Phase 3 project (Design, manufacture, and installation of liquid gas storage tanks) the contract value of 204.12 Million Baht, and Olefins
cash equivalents 4.36 31.33 (26.97) (86.08) Trade and other current receivables 222.38 186.08 36.30 19.51 Contract assets 574.30 564.88 9.42 1.67 Inventories 20.35 9.72 10.63 109.39 Other current assets
(LTSA) as a result of the expiration of contract since Q4/2018. • Small Power Producer (SPP): The gross profit increased by Baht 2,302 million as a result of fully recognizing gross profit from GLOW’s SPP
sales recognition from Long Quan Safe Food JSC (LQSF), Vietnam. If excluding LQSF, export Branded Business sales still increased 31% YoY. Total Contract Manufacturing Business (CMG) sales decreased 13
(Decreased) % Assets Current assets Cash and cash equivalents 8.54 31.33 (22.79) (72.74) Trade and other current receivables 224.54 186.08 38.46 20.67 Contract assets 518.21 564.88 (46.67) (8.26) Inventories
and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund
% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded
of equipment or the project therefore delaying the operation and delivery of the project. As a result, the revenue recognition in Q1–2020 has also decreased. However, the revenue in Q1–2021 slightly
of equipment or the project therefore delaying the operation and delivery of the project. As a result, the revenue recognition in Q1–2020 has also decreased. However, the revenue in Q1–2021 slightly