operations of projects in 2019 which are Rayong Central Utility Plant 4 (CUP-4), Namlik 1 Power Company Limited (NL1PC) and Xayaburi Power Company Limited (XPCL), notwithstanding the recognition of expenses
comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for
, as a result of asset recognition from the construction of Rayong Central Utility Plant 4 (CUP-4) and the additional paid up in the capital of company’s related parties. Moreover, for the year 2018, the
company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 16 Executive Summary CPN’s revenues continues to grow primarily from strong rental business performance
Phitsanulok. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 7 of 14 Revenue from hotel operations CPN adopted a new hotel revenue and cost recognition from 2019 onwards
in gross profit of Baht 35 million as a result of the rise in electricity and steam sales from Rayong Central Utility Plants (CUP) after the maintenance shutdown during the previous quarter as well as
., business combination, impairment of assets, revenue recognition using percentage of completion method and general IT controls (“GITC”) • Using the work of an auditor's expert, e.g., engineer and appraiser
result of new branch opening at The Mall Bangkapi in October 2018, resulting in the growth in this quarter revenue recognition compared to last year. Moreover, the group has opened a new branch at Central