Development Co.,Ltd, Knightsbridge Prime Ratchayothin and Knightsbridge Collage Ramkhamhaeng, which has presale more than 93% of the total project value, 3,700 million baht, which recognizing profits of joint
Financial Reporting Standard No. 16 : Lease (TFRS 16), effective 1 January 2020, has impacted the Company and its subsidiaries’ financial statement in recognizing a right-of-use asset and a lease liability in
year. Main drivers of the growth rate were letting out the space at Singha Complex after its construction completed in 4Q18 and recognizing part of unearned revenue from 30-year leasehold right of office
1st 2020. All operating lease contracts, with limited exceptions, were recognized on the balance sheet by recognizing right-of-use assets and corresponding lease liabilities at the transition date. In
Million The gross profit of the company increased mainly due to: • Independent Power Producer (IPP): The gross profit increased by Baht 1,245 million as a result of recognizing gross profit from 3 of GLOW’s
recognizing gross profit from 3 of GLOW’s IPP plants of Baht 1,541 million. As for Sriracha Power Plant, gross profit increased by Baht 37 million due to lower maintenance cost from Long Term Service Agreement
result of expected credit losses instead of recognizing losses when they occur under the former accounting policies. When recognizing expected credit losses on the Company’s financial assets, it is no
from internal or external factors, possibly having adverse impacts on, or causing monetary or non- monetary losses to, KBank and our customers, directly or indirectly. Recognizing the importance of cyber
” and “Nimit Langsuan” projects and the expansion of DEAN & DELUCA in the United States. Meanwhile, the Company has continued to pay back the loan for “MahaNakhon” project since it started recognizing
Group’s other income decreased from THB 42.5 Mn to THB 41.7 Mn respectively, a decrease of THB 0.8 Mn or 2.0%. This decrease was mainly due the Group recognizing THB 17.3 Mn other income in the 2nd quarter