source of the Company’s revenue. Despite such impediments, the Company recognized the growth potential from the followings: 1) Increased revenue and profit from new business investment which are: “Elite
impairments Company has no impairment loss on available-for-sale investments and no impairment of real estate development costs in 2017. Compared to 2016, the company had loss on impairment of investment
residential property as well as for a long-term investment. Before starting every project, we carefully selecte locations and requirement of our target buyers. Although overall economy is soft, the Company’s
of the independent directors under the first paragraph of sub clause (2) would not be applied to an intermediary in the category of investment advisor or derivatives advisor; (3) having appropriate
continued to grow and signaled future investment. Tourism–related businesses expanded thanks to a growing number of Chinese tourists. On the other hand, expansion of real estate and construction businesses
is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke; 2) investment in ONE CITY CENTRE (“OCC”) – grade A office building development project for a
estate developer and its customers. Although overall economy is soft, the Company’s target group of customers can maintain their purchasing power. For recurring income business, the Company had adjusted
-21.88 -33.5% 78.45 137.31 -58.86 -42.9% Financial expenses -0.87 -1.30 0.43 -33.1% -2.03 -2.63 0.60 -22.8% Share of income from investment in associate 0.55 0.40 -0.15 -37.5% 1.07 0.82 0.25 30.5