Microsoft Word - MDA Q319 EN.docx November 11, 2019 To President The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent
property management business, the revenue recognition also improved. Revenue recognition was THB 12.75 million, increased by 41.3% from the same period of last year. In summary, revenue from rent and service
driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next
(Thailand) Public Company Limited (“INGRS”) would like to provide an explanation about our 6-months financial performance for the period ended 31 July 2017 as follows: Sales Revenue For the 6-months period
turnkey projects, pending the full members of owner‘s acceptance committee in place for the final handover inspection, caused delays in revenue recognition to next quarters accordingly. Profit for the
increase of Baht 53.41 million or 49.96 percent, respectively. This was mainly due to the recognition of Universal Worldwide Transportation Limited's revenues for this quarter. And some of the revenue from
the administrative expenses for the year 2018 in total of 311.4 million Baht or equal to 5.5 percent of sales revenue increased by 1.4 percent from the previous year. This was due to the recognition of
million, an increase of Baht 171.83 million or 5 8 . 4 9 percent, respectively. as result of the revenue recognition of Sun Express Logistics Pte. Ltd. for this year. The Company recognizes revenue from
onerous project contract of transmission and telecommunication towers in the amount of THB 19.61 million due to recognition of revenue and profit margin from such project with lower production cost than
revenue from condominium sales of 1,136.50 Million Bath, which is decrease by 1,527.30 Million Bath or down by 57.34% due to the reduce number transfer of condominium ownership revenue recognition than the