Financial Reporting Standards (TFRS) no. 15 (TFRS 15), “Revenue from contracts with customers”, the Group has applied the first time on 1 January 2019 (initial application date). Revenue recognition of the
was why the company had to have an extra expense. 2.3 The company had a big project which had a revenue recognition in the nine months of year 2018 lower than those in the nine months of year 2017
period of last year. These increasing revenue resulted from revenue recognition by percentage of completion of projects on hand (Backlog) which were hired on 2017 until 30 June 2019. As at 30 June 2019
, increased by Baht 151.27 Million or 43.86% compared with the same period of last year. Resulted from revenue recognition which has progress of the construction of the project on hand (Backlog) which were
% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded
THB 6.53 resulted from revenue recognition of The Rich Rama 2 project in the first quarter of 2018. Moreover, other administration expense does not change significantly. The Company’s other expenses for
THB 6.53 resulted from revenue recognition of The Rich Rama 2 project in the first quarter of 2018. Moreover, other administration expense does not change significantly. The Company’s other expenses for
or 245.2% compared to the previous year as revenue recognition began in the 4th quarter of 2018. Costs Cost of Goods and Services Costs of goods and services amounts to 500.1 Million Baht, decreased by
million baht, an increase of 168.68 million baht or 105.06 percent from 160.55 million baht in the same period of last year. Company plans and grow from revenue recognition from Sun Express Logistics Pte
, decreased by 1.48o/o when compared to the same period in the previous year, which had a total revenue of 40.42 million Baht. This decrease was attributed to lower domestic sales and lower revenue recognition