could not record revenue for procurement and fabrication service which not yet deliver to the client. As IFRS 15 state that revenue can be recognized when customer obtains control of that good or service
Countries Recognized by the SEC Office concerning Supervisory Measures on Investment Management
Service 563.97 550.23 13.74 2.50 - Structure Mechanic and Pinging (SMP Service) 343.49 359.85 (16.36) (4.55) - Civil & Building Services 341.86 86.67 255.19 294.45 - Fabrication and Other services 137.77
Piping (SMP) and Electrical and Instrument service, 3. Civil and Building service. 4. Fabrication and Other service. For the Group’s 2017 operation ended 31 December 2017 could summarize as follows
Mechanical Piping (SMP) and Electrical and Instrument service, 3. Civil and Building service. 4. Fabrication and Other service. For the Group’s 2017 operation ended 31 December 2017 could summarize as follows
state that revenue can be recognized when customer obtains control of that good or service. In the past, the Group recorded revenue and cost of procurement and fabrication service by percentage of
Service 202.07 100.78 101.29 100.51 - Fabrication and Other service 93.22 119.78 (26.56) (22.17) Cost of construction contracts (561.51) (368.25) 193.26 52.48 Gross profit 50.32 46.09 4.22 9.15 Other income
found that the increased rate of cost was 85.0% while the increased rate in revenue was 73.4%. As a result, many large-scale projects which were recognized revenue during the nine-month period of the year
Services) 162.77 79.06 83.71 105.89 315.33 132.40 182.93 138.16 - Civil & Building Services 114.94 84.08 30.86 36.72 215.72 158.92 56.80 35.74 - Fabrication and Other services 92.94 5.88 87.06 1,480.78
540.30 341.86 198.44 58.05 - Fabrication and Other service 281.46 137.77 143.69 104.30 Cost of construction contracts (1,851.87) (1,241.09) 610.78 49.21 Gross profit 182.59 145.99 36.59 25.06 Other income