of projects pending income recognition increased 347.15 million THB or 40.50%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased
revenue from condominium sales of 797.40 Million Bath, which is decrease by 1,430.16 Million Bath or down by 64.20% due to the reduce number transfer of condominium ownership revenue recognition than the
the same period of the previous year. Gross profit margin for the third quarter of 2019 was increased from 22% to 28%. This is because the project revenue recognition in this year has lower value than
increased to Bt3,259.7 million in 1Q20, representing an increase of 12.3% Q-o-Q and 4.7% Y-o-Y, while sales revenue in USD terms grew by 8.4% Q-o-Q and 5.4% Y-o-Y. The higher revenue recognition in Baht terms
Contracts with Customers, effective on January 1, 2019 onwards, the Company has amended the recognition of revenue from food and beverages in 2019 to accurately reflect the business nature of food center
as at December 31, 2019 primarily due to: Decrease in provision from onerous project contract of transmission and telecommunication towers in the amount of THB 19.61 million due to recognition of
). Changes in foreign currency exchange rates had a minor impact on the revenue recognition in Thai baht terms in the current quarter (Table 1). To minimize the impact of COVID-19 in the second quarter of 2020
increased 34% and for the 6 months of 2 0 2 0 is 1,204. 2 million baht increased 325.3 million baht or 37%. From the same period last year with better collection efficiency and the revenue recognition of the
159.04 Million Baht which varies according to the project work amount delivered to the customer and recognition of all remaining costs of project work that has been closed according to purchase order with
million or 4.51 percent. Such change was mainly because of the decrease in short-term loans from related companies, the increase in short-term loans from financial institutions, and the recognition of