standards is recognised as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated. The impact of the adoption on the consolidated statement of 4,284
Normalized Net Profit increased 11.8% from Baht 1,322 million to Baht 1,479 million for the six months ended June 30, 2017. The adjustment on Normalized Net Profit for the six months ended June 30, 2017 was
lifestyle resort on island 3 in Crossroads project with a transaction value of USD 16.2m. Nonetheless, the progress of design and construction has been as planed while the target construction completion is in
future projects. In terms of the progress on Delisting Tender Offer of GLOW, the process was completed on 2 December 2019 and GLOW has been delisted from being listed on the Stock Exchange of Thailand on
transaction for THB 44.8 mn under other income. • In 2Q19, the Company recognized a provision of employee benefit for retirement amount THB 116 mn, as well as a retroactive adjustment for GLAND amount THB 15 mn
expansion Innovative products and services Resilience 8 Pressures from all directions • Increasing national and international regulations For example: EU’s Carbon border adjustment mechanism (CBAM); Right to
billion baht to 1.61 billion baht by the end of 2001. Successful near-term market recovery by itself cannot, of course, ensure sustainable progress of the capital market. As economies and capital markets
properties: GLAND adopted the fair value model, thus records the gain on fair value adjustment of investment properties, whereas CPN adopted the cost model. As both models are accepted in the Thai Financial
”) TFRS9 – Immaterial impact to financial position and statement of comprehensive profit and loss. TFRS16 – Impact to financial position which was one-time adjustment in 1Q20. Impact to statement of