government orders. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that
revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service
lives of building improvement and electrical system for leased building. The estimates were previously set based on the Revenue Code. These estimates were then revised to align with the lease contract
(Discounted Cash Flow) The estimates are subject to assumptions, which are summarized below. - Revenue recognition starting from the opportunity to be selected into the procurement contract The income that can
the procurement contract The income that can be used for discounting can be classified as follows: Project type contract budget (Million baht Opportunities1/ (Persent) Start recognizing revenue The
lowering the policy rate. According to the BOT’s Thailand economic outlook, the Thai economy is projected to contract by 5.3 percent in 2020 (under the key assumption that the Covid-19 outbreak in Thailand
intermediary shall govern its personnel to comply with such standards. Clause 10 An intermediary shall not make a contract with a client in a manner of release or limit its liability for damage to the client
standards of intermediary’s personnel, the intermediary shall govern its personnel to comply with such standards. Clause 10 An intermediary shall not make a contract with a client in a manner of release or