, however, not complied with the accounting standards stating that the revaluation surplus has to be transferred directly to retained earnings when the asset is retired. The SEC thus instructed ABC to rectify

value and shall write-off the profit and loss account which has not yet occurred and is shown in the shareholders’ equity until the due date of such instrument in the same manner as decreasing surplus or

capital 20.2 Issued and paid-up share capital 21. Stock rights and warrants 22. Additional paid-in capital (discount on capital stock)) 23. Appraisal surplus 24. revaluation surplus (deficit) in investments

funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company recorded average export price increase from 16,557 THB/ton to 14,792 THB/ton or decreased by 11

cent/lb at the beginning of 2018 due to global sugar supply is surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global

previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price

. Hence, despite the lost in revenue, the overall margin for accounting and financial outsourcing did not suffered. For the ERP business, it was a year that we were busy fulfilling the backlog from last

. This has affected the cost of goods sold, especially the fixed cost on salaries for the production that was not able to occupy full capacity. (3) Gross profit The Company and its subsidiaries’ total

supply is surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar

with cash of Baht 52.5 million and shares of WCI Holding PCL (“WCIH”) not exceeding 101,849,993 shares (or 56% of WCIH shares) of which the agreed value of purchased assets will not exceeding of Baht 305