Agreements in accordance with TFRIC 4 “Determining whether an arrangement contains a lease” and found that the agreement is finance lease. The Group then derecognized building and equipment and recognized to
management recognized 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
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
without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized
“infrastructure business” means the following businesses: (a) rail or pipe transportation system; (b) electricity; (c) water supply; (d) road, toll road or concession road; (e) airport; (f) deep sea port; (g
following businesses: (a) rail or pipe transportation system; (b) electricity; (c) water supply; (d) road, toll road or concession road; (e) airport; (f) deep sea port; (g) telecommunication or information
found that the increased rate of cost was 85.0% while the increased rate in revenue was 73.4%. As a result, many large-scale projects which were recognized revenue during the nine-month period of the year
. Compared by last year, Increased of Baht 163.42 Million. The main reason is revenue recognized were greater than milestone payment of the Group’s customers. o Inventories of Baht 22.81 Million, decreased