REIT entrusted by the Trustee, the REIT manager shall provide qualitative and capable operating systems to support the work under its responsibility entirely. In this regard, the systems shall comprise

Notifications”). The criteria that gives the highest value of transaction is equal to 27.89 %. The calculation is based on the consolidated financial statements of the Company and TSE, which comprise the

consist of residential projects, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, the Company have made notable

Other costs of goods sold mainly comprise warehouse rentals, utility charges and other expenses related to production. Gross Profit Considering gross profit, for the year ended 31 December 2017 and 2018

costs under concession agreements was of Bt1,505. 9 million which comprise of Into- plane substation project, Aviation Fuel pipeline equipment, Concession of a subsidiary and Right to use leased land

of cost of sales to sales revenue (%) 33.00 35.42 Gross Profit Margin (%) 67.00 64.58 Note: /1 Other costs of goods sold mainly comprise warehouse rentals, utility charges and other expenses related to

47.3% from December 31, 2016. 2.1.3 Project costs under concession agreements was of Bt1,675.8 million which comprise of Into-plane substation project of Bt99.2 million, Hydrant equipment of Bt1,066.3

under concession agreements was of Bt1,530.4 million which comprise of Into-plane substation project, Aviation Fuel pipeline equipment, Concession of a subsidiary and Right to use leased land related to

Gross Profit Margin (%) 69.78 69.35 Note: /1 Other costs of goods sold mainly comprise warehouse rentals, utility charges and other expenses related to production. Gross Profit Gross profit for the period

was of Bt9,332.0 million, increasing by Bt2,127.9 million or 29.5% from December 31, 2017 2.1.3 Project costs under concession agreements was of Bt1,627.6 million which comprise of Into-plane substation