Customers” which become effective for fiscal years beginning on or after 1 January 2019. The Group chooses retrospectively adjustment in the period of initial application. For statements of financial position
acquisition in March 2017. Tax increased by THB 31mn from THB 210mn to THB 241mn in this fiscal year. As a result of the abovementioned improved operating performance, VGI Group generated total net profit of
periods During the three-month and nine-month periods ended 30 September 2019, the Group has adopted TFRS 15 “Revenue from Contracts with Customers” which become effective for fiscal years beginning on or
During the year ended 31 December 2019, the Group has adopted TFRS 15 “Revenue from Contracts with Customers” which become effective for fiscal years beginning on or after 1 January 2019. The Group chooses
company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company’ s consolidated total assets has grown at an
Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company
year, because of this group of products, most of them were sold to commercial customers, mainly government agencies. This group of customers must wait for the government budget. According to the fiscal
been completed. Currently, the Court has been ordered to stamp the two lawsuits and scheduled to examine the testimony of the defendants for both cases by August 2017. 2. Cases with Final Judgment
Office of the Securities and Exchange Commission (SEC) ordered to revise the 2015 financial statements and the 2nd quarter of 2016 financial statements. In this case, the Company recorded the allowance for
Exchange Commission (SEC) ordered to revise the 2015 financial statements and the 3rd quarter of 2016 financial statements. In this case, the Company recorded the allowance for doubtful debts for the revised