projects were implemented with the collaboration from the Thailand Federation of Accounting Professions (TFAC). For example, the preparation for the implementation of the International Standard on Quality
. The financial statement for the year 2016 did not comply with the Thai Accounting Standard no.18 (revised 2015), Revenue (TAS 18) and clause 14 a(i) of IAS - IE 18. Later, the rectified financial
the SET and the SEC Office. The Form 56-1 did not comply with the Thai Accounting Standard no.18 (revised 2015), Revenue (TAS 18) and clause 14 a(i) of IAS - IE 18. Later, the rectified Form 56-1 was
Office.The Form 56-2 did not comply with the Thai Accounting Standard no.18 (revised 2015), Revenue (TAS 18) and clause 14 a(i) of IAS – IE 18. Later, the rectified Form 56-2 was filed with the SET and the SEC
Customers 120.67 146.71 -26.04 -17.75% Total Revenue 121.05 147.62 -26.58 -18.00% Net Profit for the Period 5.04 39.42 -34.38 -87.21% 2. Importing and Selling of Standard Cutting Tools unit: THB million 2019
applied the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with Customers ("TFRS15") which was effective on January 1, 2019. As a result, the Company was required to record
) The Department of Business Development, Ministry of Commerce The Revenue Department, Ministry of Finance International Federation of Accountants International Forum of Independent Audit Regulators
value is reduced in the same value making the net profit unchanged. Therefore, in order to comply with the Financial Reporting Standard No. 15 (TFRS 15), subject: The revenue from contracts made with
efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue Major revenue of The Group mainly came from revenue from steel tower manufacturing and revenue from sales of electricity. In
2019 Revenue Major revenue of The Group mainly came from revenue from Transmission and Telecommunication Tower and revenue from sales of electricity. In 2019, The Group reported revenue from steel tower