176.19 Million Baht as revenue recognition was more than billing amount. - Purchase of tools and equipment for construction service and testing and inspection service business amounting of 24.43 Million
receivables from Construction service increased 264.67 Million Baht as revenue recognition was more than billing amount. - Purchase of tools and equipment for construction service and testing and inspection
. In addition, the new winning projects had decreased. Investments in joint ventures decreased by 17.6 MB or decrease of 17.2%, due to the recognition of share of loss from joint venture ‘s performance
in prepaid maintenance expenses, which those had decreased with the period of service. Investments in joint ventures decreased by 25.4 MB or decrease of 24.8%, due to the recognition of share of loss
159.04 Million Baht which varies according to the project work amount delivered to the customer and recognition of all remaining costs of project work that has been closed according to purchase order with
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
, comprising as follows; 1) Construction income received in advance (the value of total billed by contract’s milestone payment condition which was higher than revenue recognition of this period) total of Baht
) , Leases, which defined principles for the recognition, measurement, presentation, and disclosure of leases that the company commenced from January 1, 2020, onward. As a result, the use of assets and
mostly because of an increase in equity capital from the IPO and a recognition of a net profit for the nine months period ended 30th September 2020. Yours Sincerely, (Ekarin Luengviriya) Managing Director