due to financial statement adjustment in accordance with new Thai accounting standards. According to the previous accounting standards, the Company and its subsidiaries would have recognized a total
standards, the Company and its subsidiaries would have recognized a total sales decline of 0.7% YoY in H1/2019 ended 30 June 2019. In Q2/2019, the Company and its subsidiaries recorded loss of Baht 63
confidence to the ICO market. This could be accomplished by requiring ICO to be conducted through an ICO portal recognized by the SEC. The conditions for portal recognition may include how the ICO portal can
management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of
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
% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited
Agreements in accordance with TFRIC 4 “Determining whether an arrangement contains a lease” and found that the agreement is finance lease. The Group then derecognized building and equipment and recognized to
and recognized effect from loss of control in the consolidated statement of comprehensive income amounted 7,113 million Baht for the year ended December 31,2017. Subsequently, on April 2018, the Company