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comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for
Million Baht, accounting for 58.60% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract
%. Share of Profit from Investments in Associates from Utility Business was THB (13.5) mm, due to the recognition from Share of Loss from SDWTP which started in November 2019 amounted of THB (14.3) million
, the revenue recognition in Q2–2020 decreased. In terms of total operating expenses in Q2–2020, it decreased in line with the decreased in revenue at a very similar rate when compare to Q1–2020 and Q2
, restaurants or any events • Pop-up store sales in various locations Catering / Pop-up 3 1 Franchise Fee Income 4 • Revenue recognition of initial franchise fee from “After You” Hongkong and “Mikka” and other
Summary of Rules on Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People’s Republic of China and Thailand (HK-TH MRF) 1. Offerings for sale of Hong Kong Covered