. The major reason is inventories decreased and decrease in land development costs because transferred to cost of sales. And land awaiting for development transfer to land development costs. Total
stood THB 4,765.22 million, which was a THB 331.86 million or 6.51 percent decrease from as of December 31, 2016.Transfer of land development costs and inventories to cost of goods instead. Total
to transfer cost of land development to cost of sales. 3 Total Liabilities As of March 31, 2020, the company and its subsidiaries’ has total liabilities of Baht 1,490.81 million, decreased from the
reasons are the decrease in cash and cash equivalents used in operations and transfer some of real estate projects under development to revenue from sales of real estate during the current period. Total
, tentative transfer in 3Q20) – are under development, the reported revenues were from sales of housing units and home building services of the 52%-owned NVD. In 1Q18, residential business registered its total
increased from the transfer of cost of property development. (see Table 6). Table 6: Comparison of Non-Current Assets between year 2019 and 2018 (Baht 1,000) Items 2018 2018 ±% Deposits at financial
remaining backlogs and inventory from the four property development projects in a total of 15,746 million Baht, which are in process of completion and expected to transfer as planned. 1. As of 31 December
transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd. (“Nirvana”) and two
following transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd
ready for transfer in the second half of 2019 onwards. Diversification into Mixed-use Development Projects CPN sees the potential in mixed-use development projects, which consist of residential projects