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
, service and sub-contractors costs in projects. Unbilled Payables Unbilled payables incur when the invoice from vendors are not placed when recognizing its revenue in the project and the company reports
loan for “MahaNakhon” project since it started recognizing revenue in April 2016. Profit and Loss Results In Q1 2018, the Company had net loss of 4,086 million Baht or 331 % of total revenues; compared
increase in number of pop-up stores in Bangkok and other major provinces • Revenue from Franchising in 1H/2021 was THB 4 million, increased by THB 3 million or 300% from 1H/2020 due to fully recognizing
from the new tower agreement with TOT, recognizing revenue from space rental and maintenance which retrospectively taken affect from 1 Jan 2019. Such revenue is to offset against the cost paid to TOT for
decreasing 51% due to late arrival of iPhone12 this year. Total liability was Bt274,481, increasing 25%YoY from recognizing the lease liability of Bt58,363mn from TFRS16 adoption as well as increasing interest
in the next two years?” Source: World Economic Forum Global Risks Perception Survey 2021-2022 6 Source: National Audit Office, UK Recognizing climate change risks allow businesses to develop strategies