1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

Gas. In addition, WHAUP has also developed and operated its own Renewable Energy Projects for industrial customers started from Solar Rooftop Projects. WHAUP recognized Power Business performance in a

as a part of cost of goods sold. Reversing of declining in inventory value was 1.4 million Baht (2015: 2.3 million Baht) by deducting inventory value from recognized as expenses during the year

from network equipment. Total liabilities were Bt241,491mn increasing 3.7%, partly due to a dividend payable of Bt12,755mn recognized to be paid on 26 th April. Interest-bearing debt was Bt95bn, all of

recognized as a ‘Health-Driven Global F&B firm’ by 2021, strengthening ‘Malee’ products position as the leading health products of choice among domestic and international consumers.

has secured key anchor tenants including department store, supermarket, and cinema. Retails tenants are now under negotiation. Residential Property Development CPN recognized the potential of our mixed

process. However, when considering the gross margin ration of 14.28% at the yearend 2016, the gross margin is increased to 18.24% due to a high margin of a turnkey project recognized particularly during the

negotiation. Residential Property Development CPN recognized the potential of our mixed-use development of shopping mall complex projects. The company plans to utilize our existing vacant plots of land adjacent

the yearend 2016, the gross margin is increased to 19.88% due to a high margin of turnkey projects recognized particularly during the reporting period.. Cost of Sales for Supply and Maintenance The

fee. In addition, the Company recognized a share of net loss from investments by the equity method of THB 40 million, a higher loss by 56.2% yoy from the room renovations of Dusit Thani Laguna Phuket, a