retaining earnings (loss) of 15.51 million baht and impact from Financial Reporting Standard No.9 RE: Financial Instrument and No.16 RE: Leases as amount of 4.70 million baht by adjusting bring forward of

and expenses which has significant impact in Q1-2021 can be shown in the following table: Topic Balance by Quarter Change Q1–21 Q4–20 Q1–20 Q1–21 VS Q4–20 Q1–21 VS Q1–20 (Million Baht: MB) (MB) % (MB

exercise of this right have impact neither on the Company’s proportionate interest in NWR-SBCC Joint Venture nor the operation of this project with EGAT. At present, the Project has already been completed

, sales of radio and communications system Baht 12.82 million. A subsidiary has gain from adjustment of finance lease agreement under the scope of TFRIC4, which would impact the financial statements as the

assessed the financial impact closely. Page 3 of 7 1.1 Revenue In Q1/2020, total revenues of the Group was of Bt867.3 million decreased by Bt158.1 million or 15.4% (y-o-y) which comprised of ;- 1.1.1

revenue decrease of Ibis Styles Chiangmai Hotel from the impact of COVID- 19 and smoke pollution as mention earlier. Selling and Administrative Expenses In the first quarter of 2020, selling and

was decreased compared to the same period of last year, the impact of the Coronavirus disease 2019 pandemic. Revenue from project works and services were decreased from those on-going projects in 2019

that are combined as part of the cost of sales in 2Q19. Consisting of the impact of the legal adjustment of compensation for employee retirement 400 days of THB 15 mil (TKS 2 mil, TBSP 13 mil) and the

to lower household income, sharp decline in employment, particularly in export-related manufacturing sectors, and high rate of household debt. Despite the government economic stimulus, the impact of

right have impact neither on the Company’s proportionate interest in NWR-SBCC Joint Venture nor the operation of this project with EGAT. At present, the Project has already been completed and all