and increase the efficiency of the company and its subsidiaries. In 2020, the impact of TFRS 9 Financial Instruments about Reversal(Doubtful Accounts) is recognized for credit loss amounting to Baht
of TFRS 9 Financial Instruments by applying the Simplified Approach รn measuring the expected credit loss, the loss is expected to be incurred over the life of the debt and the loss is recognized since
0.83 million baht due to the auction for selling fans. In accordance with the Financial Report Standard No.15, the Company has to bring revenue from sales of goods recognized as income from the rental of
professionals and new generation teamwork and encouraging market participants to strive for internationally recognized self-regulatory status. In implementing the 4P?s Principle and moving toward the strategic
accounting professionals across the country. Presently, Thailand is internationally recognized as a member of International Federation of Accountants (IFAC) while Thai accounting standards are in conformity
discontinued of the operation has been recognized in the profit and loss statement 2 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless
property development services with the focus on the quality of life of the residents managed with “Vibrant Community” concept and develop a home for lower-middle to upper-middle income earners at the
management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in
ratio of gross non-performing loan (NPL) to total loans was at 2.9 percent, the same level as at the end of 2018. The Bank of Thailand’s Senior Loan Officer Survey indicated that in the first quarter of
, however, the subsidiaries have not yet started their operations. (8) Share of profit (loss) from investment in associated company and joint ventures In 2017 , the Company recognized the loss sharing from