projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the
Baht 6.20 million in the same quarter of 2017 decreasing Baht 2.87 million or 49.29% decrease due to having 3 service projects with signed contract value of Baht 15.20 million expected to be completed
comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog
service for operation of Expressway business consisted of costs of toll, amortization on rights to operate completed expressway sectors and compensation for site acquisition cost. For the first quarter of
completed in December 2019. Moreover, the average interest rate of debentures during Q1/2020 was higher than that during Q1/2019. Net Profit In Q1/2020 the Company had consolidated net loss of THB 139.5mn
completed as scheduled in April 23, 2018. The result of the lawsuit and the exercise of the Company’s right did not change neither on the Company’s shareholding ratio in NWR-SBCC Joint Venture nor the
transfer the remaining units in 2019. 2. Completion of SPRIME establishment – on 18 January 2019, S REIT Management Company (“SREIT”) – our wholly owned subsidiary and REIT manager of SPRIME – has completed
of rights to operate completed expressway sectors and compensation for site acquisition cost. For the third quarter of the year 2019, the cost was at Baht 1,530 Million, (Translation) Bangkok
–2020 by 732.0 million baht or 32.7%. This is because the majority of projects are scheduled to be completed in Q2-2021; therefore project delivery in Q3-2021 has been decreased. Furthermore, new projects