FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 3 * primarily include the construction revenue recognizes based on the percentage of completion of hydro power projects in Lao
and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Successful Glow SPP1
PROGRESS OF PROJECTS UNDER CONSTRUCTION 3 * primarily include the construction revenue recognizes based on the percentage of completion of hydro power projects in Lao PDR which offset with the construction
affected by floods which caused delay in the installation. Following such incidents, the Company received extension of completion due date under a resolution of the Cabinet to relieve construction
Group can divided as follows; o Revenue from construction contracts which are defined output is promised, is recognised using the percentage of completion method. The stage of completion is generally
5,646 million or 92%. The Company had recorded the revenue from sales of the MahaNakhon- The Ritz Carlton residences Bangkok while in 2019 the Company is in the completion process of other property 3 | P
acquisition transactions of the Company occurring during the past six months i.e.: (1) The Company’s disposal of ordinary shares of Origin Prime 2 upon completion of increase of registered capital to
six months i.e.: (1) The Company’s disposal of ordinary shares of Origin Prime 2 upon completion of increase of registered capital to 589,700,000 Baht, amounting to 28,895,300 shares (par value of 10
ESSE Asoke’ (77% sales progress, tentative transfer in December 2018), ‘The ESSE at Singha Complex’ (91% sales progress, tentative transfer in 3Q19), and ‘The ESSE Sukhumvit 36’ (52% sales progress
Company has assessed the impact from such delay in project completion. In relation to this project, there were unbilled contract revenue amounting to Baht 57 million, which the collectability are directly