result of expected credit losses instead of recognizing losses when they occur under the former accounting policies. When recognizing expected credit losses on the Company’s financial assets, it is no
” and “Nimit Langsuan” projects and the expansion of DEAN & DELUCA in the United States. Meanwhile, the Company has continued to pay back the loan for “MahaNakhon” project since it started recognizing
Group’s other income decreased from THB 42.5 Mn to THB 41.7 Mn respectively, a decrease of THB 0.8 Mn or 2.0%. This decrease was mainly due the Group recognizing THB 17.3 Mn other income in the 2nd quarter
the parties. In this regard, we will start recognizing the EFL sponsorship fees through our consolidated statement of comprehensive income from June 2017 onwards for a total of 36 months in effect
for English Football League based on terms and conditions as agreed among the parties. In this regard, we will start recognizing the EFL sponsorship fees through our consolidated statement of
continued to pay back the loan for “MahaNakhon” project since it started recognizing the revenue in April 2016. Profit and Loss Results In Q2 2017, the Company had net profit of 5,492.5 Million Baht or 213
are trade payables, mostly for equipment, service and sub- contractors costs in projects. Unbilled Payables Unbilled payables incur when the invoice from vendors is not placed when recognizing its
termination of this leasehold rights was to reduce the cost of the Company from recognizing project cost since 2014 when the Company entered into lease agreement. Since then, Project MET has not started any
objective of the termination of this leasehold rights was the ESTATE has intention to develop their new project on this land and to reduce the cost of the Company from recognizing project cost since 2014 when
for “MahaNakhon” project since it started recognizing the revenue in April 2016. Profit and Loss Results In Q2 2017, the Company had net profit of 3,915.3 Million Baht or 152% of total revenues