concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost
entered to Assets Sell Purchase Agreement on Pace Project One Co.,Ltd and Pace Project Three Co.,Ltd to King Power Mahanakorn Co.,Ltd with the total value of not exceeding 14,000 million Baht; in the
entered to Assets Sell Purchase Agreement on Pace Project One Co., Ltd and Pace Project Three Co., Ltd to King Power Mahanakorn Co., Ltd with the total value of not exceeding 14,000 million Baht; in the
measured at an amount equal to lifetime ECLs. ECLs on these financial assets are estimated using a provision matrix based on the historical credit loss experience, adjusted for factors that are specific to
Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The
revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a
tax mainly from temporary difference of receivable from finance lease and derivative assets. Net profit and net profit margin attributable to the parent The Group had net profit for the three-month