properties: GLAND adopted the fair value model, thus records the gain on fair value adjustment of investment properties, whereas CPN adopted the cost model. As both models are accepted in the Thai Financial
recognized a provision of employee benefit for retirement amount THB 116 mn including GLAND retroactive adjustment amount THB 15 mn which are classified under administrative expenses. • In 1Q19, CPN sold a
”) TFRS9 – Immaterial impact to financial position and statement of comprehensive profit and loss. TFRS16 – Impact to financial position which was one-time adjustment in 1Q20. Impact to statement of
to determine reasons for the issuance of newly issued ordinary shares to accommodate the adjustment of the exercise price and/or the exercise ratio of the Warrants, the authority to perform any
million Baht, and from the adjustment of the market value of the stocks invested in the Stock Exchange of Thailand which was not the actual profit decreased 61.58 million Baht. 3.2 Analysis of financial
14.15%. The drop in net profit margin was derived from the decline in sales revenue especially from overseas, Proportion of cost of goods sold that shot up a little from the adjustment in production plan
Statement of Comprehensive Income Note: 1 Excluded unrealized gain from foreign exchange rate on convertible bond, gain from fair value adjustment on investment properties, reverse effective interest rate on
as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of staff costs to be in line with the company’s operating