% of total accounts receivable at the end of previous fiscal year, which was resulted from the adoption of accounting standard TFRS 9 by calculating the expected credit loss (ECL Model) together with

from sale, which increased by Baht 2.5 million from the same period of last year. This effect from recognition of interest expenses from adoption of TFRS 16 – Leases. 2/4 JUBILEE ENTERPRISE PUBLIC

December 31, 2019. Which decreased from the change in accounting policies as stated above 11.6 million baht. The impact from changes in accounting policies due to adoption of Thai Financial Reporting

THB 1,577.91 million which increased from those as at 31 December 2019 by THB 4.52 million or 0.29 percent. That was due to the adjustment to the right of use in accordance to the adoption of the

accounting policies due to adoption of Thai Financial Reporting Standard No. 16 (TFRS 16) are presented As at March 31, 2020 Impact Amount Right of use asset Increased 43.0 Deferred tax asset Increased 2.9

29.23 million. 3. Property, plant and equipment increased Baht 84.50 million, mostly from the adoption of new financial reporting standards, TFRS 16 Leases, by recognized Right-of-use assets. Total

2018 gross profit margin was mainly driven by the adoption of economies of scale and efficient control of production cost. 2. Selling expenses In year 2018, the Company incurred selling expenses of Baht

year 2019 increased from 4.02% to 5.30% as compared to the same period of last year. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption

in revenues from sales in this period. Gross profit margin in Q3/2018 was 63.46%, going up by 59.09% year-on-year. The growth in Q3/2018 gross profit margin was mainly driven by the adoption of

/pdf/IOSCOPD134.pdf 3 (a) the approval and registration of statutory auditors and audit firms; (b) the adoption of standards on professional ethics, internal quality control of audit firms and auditing