business size, as well as to support future business expansion. The amount also includes administrative expenses associated with GLAND’s operations. Hence, the administrative expenses to total revenue ratio
larger business size, to support future business expansion as well as an increase in marketing activities in shopping malls. The amount also includes administrative expenses associated with GLAND’s
. However, the Board of Directors of Glow’s group has summarized that the Glow’s group has control over Houay Ho Thai Co., Ltd. (Translation) 9 GLOW’s Investment in Affiliated Companies Associated Companies
. (Translation) 9 GLOW’s Investment in Affiliated Companies Associated Companies Direct or indirect Shareholding of GLOW (Percentage) Nature of Business Operation 1. Glow Hemaraj Wind Co., Ltd. 33.33 Developing
องจดัใหมี การประกันภัยสําหรับความลาชาในการเริ่มดําเนินการ (associated delay in startup) อันเนื่องจากความเสียหายของทรัพยสินตามขอ (1) และอันเนื่องจากการลาชาในการติดตั้งเครื่องจักรอุปกรณหรือ การก
and rental. Share of Profit from Investments in Associates The Company reported share of profit from associated companies for year 2019 at 808.7 million baht, increased by 0.8 percent compared with the
as follows: • Income from GLANDRT leasehold asset divestment amount THB 270 mn was recognized in share of profit from associated companies • GLANDRT dissolve expense amount THB 227 mn was recognized in
consolidate financial statement as follows: • Income from GLANDRT leasehold asset divestment amount THB 270 mn was recognized in share of profit from associated companies • GLANDRT dissolve expense amount THB