completed. On the other hand, there are many projects which has been signed and some projects are pending for contract signing which revenue will be recognized in the second quarter of 2020. The cause of
the contract is between 2039-2040. The company has acquired all shares through Global Renewable Power Co., Ltd. (GRP), and the success of the acquisition reflects the continuous growth of the company
contract ends. The Group’s 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
17,110,110.28 Defered interest expenses (1,738,338.69) (3,547,660.03) (154,691.88) (688,410.89) Present value of liabilities under financial leases agreement 26,498,032.01 48,403,067.71 6,050,398.99 16,421,699.39
unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later terminated the contract with the
terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or assign a new distributor
0 1 8 but later terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or
, the drought conditions and the delay in FY2020 budget. However, the economy will be supported by a gradual global economic recovery following easing trade tensions and reduced risks of a no-deal Brexit
Continental Automotive Holding Netherlands BV (“Continental”) has signed a Sale and Purchase agreement to acquire a 100 percent equity of Quantum Inventions Pte. Ltd. (“QI”). The Company had invested in QI in