1.67 million baht or 72.88 %. The reason is due to the recognition of loss from Adjustment of investment value in accordance with financial reporting standards Financial Instrument Group Causing the

were negative in the first 3 months of 2020 was due to an adjustment according to the financial reporting standard no. 9 – financial instruments, however, if considering separate financial information

financial aspect with the current cash, cooperation amongst employees, business partners and financial institutions, and the availability of banking facilities if needed. Adoption of new financial reporting

Company’s statements of financial position as of March 31st, 2020 compared to that of December 31st, 2019. The impact of the new financial reporting standards The adoption of Thai Financial Reporting

intensified competitive environments in the near future. FAP therefore keeps pace with changes of international professional standards, including the International Financial Reporting Standards (IFRSs), the

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

subsidiaries increased Baht 79.27 million from profit sharing from investment in BBF. 4. Property, plant and equipment increased Baht 88.58 million, mostly from the adoption of new financial reporting standards

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

million from new financial reporting standards: TFRS 9 financial derivative. The Company also has an increase in long-term loan from bank of Baht 94 million. Shareholders’ Equity As at 31 March 2020

. Plus the effect of Assets usage rights increased following the financial reporting standards no.16 Lease agreement that was announced in 2020. With the decreasing in land properties and equipment of 5.08