increased 34% and for the 6 months of 2 0 2 0 is 1,204. 2 million baht increased 325.3 million baht or 37%. From the same period last year with better collection efficiency and the revenue recognition of the
million or 4.51 percent. Such change was mainly because of the decrease in short-term loans from related companies, the increase in short-term loans from financial institutions, and the recognition of
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
working capital management. (b) Total Liabilities Total liability as of March 31, 2020 was 298.88mb, increasing by 123.29mb or 70.2%, m ain ly due to recognition of liabilities under finance lease agreement
) , 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
booking of revenue received in advance for new projects and recognition of various unearned revenue from consolidation of TigerSoft. The amount will be recognized progressively as revenue within a 12-month
mainly due to the recognition of the projects that have been completed but have not yet been invoiced to customers in Q3–2024. Inventories decreased by 128.5 MB, representing a decrease of 17.8% mainly due