presenters and should not be treated as those of the SEC Thailand. • These slides are not to be posted (on any websites or public domains), cited, copied or circulated. 2 Revenue recognition 3 Revenue
economy growth in 2019, the slowdown of Government’s energy Saving programs promoting the replacement of conventional lamps to LED and the delays of sales revenue recognition resulting from product
inflow of new big projects, resulting in the growth in this quarter revenue recognition compared to last year. Game revenue increased by THB 0.599 million or 16.93% compared to the same period last year
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
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
auditing the issues related to fraud risks and revenue recognition. In addition, the ongoing challenge to be urgently addressed was to increase the number of auditors with a view to accommodating the growth
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
revenue from maintenance and service highly increased from 2018 due to revenue recognition of MA USO (Phase 1) since Q3/62 and maintenance service for MRT Blue Line Project. Selling and administrative
club memberships decreased by Baht 379 million. The revenue recognition of the property sales projects (Dusit Villa, Banyan Tree Grand Residences, Banyan Tree Spa Pool Villas and Cassia Phuket) and the
. which is held 51% by the Company starts to recognize revenue. 1.3) Revenue from Real Estate Development increase THB 80.79 million due to starting of revenue recognition of the subsidiary. 1.4) Revenue