Bangkok, 1 August 2017 ? The SEC requires that Polaris Capital Public Company Limited (POLAR) immediately submit the special audit report which has passed due on 24 July 2017. Previously, the SEC instructed POLAR to conduct a special audit on the sources, existence and completeness of the accounting records and the disclosure in the financial statements of the liabilities whose material information differed from what had appeared in the application for business rehabilitation. POLAR missed the s...
process has been delayed from the planned schedule, which may indicate potential impairment of assets related to the SPAC structure investments in the separate financial statements, such as investments in
highlighted below; (Unit : Million Baht) Separate financial statements Q1/2019 Q1/2018 % Change Sales and Service Income 485 467 4 Cost of Sales and Services 388 384 1 Selling and Administrative Expenses 44 51
one project affecting a reduction of income of Baht 20.51 million and the estimation of penalty charge of one project expected to be delayed affecting a reduction of income of Baht 2.56 million
(175.78) MB Profit (loss) for three months (from the separate financial statements) Baht 7.33 million (131.85) MB 3. Management Discussion and Analysis 3.1 Revenue from construction in the second quarter of
Baht) Separate financial statements 2018 2017 % Change Sales and Service Income 1,940.22 1,979.16 (1.97) Cost of Sales and Services 1,572.51 1,525.25 3.10 Selling and Administrative Expenses 218.91
(from the consolidated financial statements) Baht (27.69) million Baht 41.16 million Profit (loss) for three months (from the separate financial statements) Baht (27.06) million Baht 81.38 million 3
below; (Unit : Million Baht) Separate financial statements Q2/2019 Q2/2018 % Change Sales and Service Income 1,001 934 7 Cost of Sales and Services 800 759 5 Selling and Administrative Expenses 87 99 (12
highlighted below; (Unit : Million Baht) Separate financial statements Q3/2018 Q3/2017 % Change Sales and Service income 462 514 (10) Cost of Sales and Services 363 405 (12) Selling and Administrative Expenses
liability arises from his failure to issue orders or perform the duties required to ensure compliance with the specified regulations, resulting in IHL’s delayed submission of the report. SEC Act S.300 in