initial quality of the financial statements before getting audited by auditors. If the financial statements are prepared correctly, auditors do not need to propose any adjustment. On the contrary, if the
domestic market that has seen increased import of Tabletop Glassware due to strong Thai Baht. Thai Baht appreciation against all major currencies significantly affected export sales. Domestic sales portion
business which comprised of 81.22% of sale and service income in Q3 2021 remained strong and grew in line with the industry. In Thailand, customer orders were slightly slower than planned but still higher
subsidiaries were sold (6) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of entities under common control, Gain on
sales declined by 9.7% due to intense marketing competition led by strong Thai Baht. Domestic sales portion ended up at 24.9% and export sales at 75.1%. The Company reported gain from foreign exchange
-o-Y due to the effect of the annual selling price adjustment, a change in foreign currency rates and an increase in the cost of goods sold resulting from a higher cost of raw materials Copper, Copper
from sales and rental and rendering of services (5) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of
Company and its subsidiaries recorded total sales of Baht 1,174 million, a decrease of 19% YoY, occurred from a decline in domestic branded sales and impacted from financial statement adjustment in
, the decrease of Availability Payment profile as specified in the PPA is the key reason of the decrease in Normalized Share of Profit from GHECO-One. Nevertheless, GHECO-One still provide a strong cash
Deferred Revenue Item Deferred Revenue Item = Deferred revenue from assets monetization to WHABT in 2015 which recognized in the first quarter of 2019 as a result of accounting standard adjustment (TFRS 15