% improved from 30.6% in 2017, from increase sales volume and improved production cost which was partly from an innovative cost saving methodology of the recycled treated wastewater. Our first Reclaimed Water
financial statements which consist of the Expressway Business, Rail Business, Commercial Development Business, the manufacture and distribution of treated water business and electricity production business
which consist of the Expressway Business, Rail Business, Commercial Development Business, the manufacture and distribution of treated water business and electricity production business. Therefore, there
, the manufacture and distribution of treated water business and electricity production business. Therefore, there was no similar type of business in the industry that can be used as a benchmark for
financial institution established under a specific law and treated as a financial institution under the Law on Loan Interest of Financial Institutions ; (3) Islamic Bank of Thailand; “ obligor ” means a
institution established under a specific law and treated as a financial institution under the Law on Loan Interest of Financial Institutions 2 ; 1 The Law on Financial Institutions means the Financial
Business, Rail Business, Commercial Development Business, the manufacture and distribution of treated water business and electricity production business. Therefore, there was no similar type of business in
methodology of the recycled treated wastewater. Our first Reclaimed Water Project with capacity of 7,500 cubic meter per day in WHA Eastern Industrial Estate achieved Commercial Operation Date in 3Q’18. For our
customers or expenses paid for the customers and therefore shall be treated as a reduction of the revenue under the contract. Whereas they were booked under selling expenses when the transaction occurred. For