applied the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with Customers ("TFRS15") which was effective on January 1, 2019. As a result, the Company was required to record
timely manner. Impact from Changes in Accounting Policy From 1 January 2020, the Group has adopted Thai Financial Reporting Standard - Financial instruments group and Thai Financial Reporting Standard No
for sale to ultra-high net worth (UHNW) investors or high net worth (HNW) investors must prepare financial statements according to the Thai Financial Reporting Standards for Publicly Accountable
stakeholders’ awareness of the importance of audit quality. This will urge audit firms to further improve their audit quality and strengthen confidence in the financial reporting system and the Thai capital
36.73 million to Baht 37.13 million compared to the same period of the previous year resulting from the increased using of financial amount and the changing of Thai Financial Reporting Standards 16
condition that they meet all requirements of the governing regulations. The approval will promote entry of new and various financial products into the Thai market and increase investment choices for local
sector. 2. A decrease in trade accounts receivable at amount of Baht 24.51 million due to the impairment of trade receivables increased by Baht 55.07 million (according to Thai Financial Reporting
or 33.09% because of the record of expected credit losses from trade accounts receivable by the Thai Financial Reporting Standard 9 (TFRS9) “Financial Instrument”. Net profit (Loss) Company’s operation
increased from quarter 2/2019 by Baht 11.37 million, which mostly resulted from the revision of Thai Financial Reporting Standards No. 16 which effective since January 1, 2020. Net Profit (Loss) for the
Company’s finance cost is Baht 8.73 million dramatically increased from quarter 1/2019 by Baht 4.46 million, which mostly resulted from the revision of Thai Financial Reporting Standards No. 16 which