quarter and some deliveries awaiting delivery and lower from land for sales of Baht 10.50M. Total liabilities Baht 506.15M were higher than previous year at 6.46% due to personal loan at Baht 30.00M and

, or 12.90 percent. Financial Costs The Company and its subsidiaries' financial costs was increased Baht 3.36 million or 20.21 percent, Because of Land awaiting development and the completed project as

phases. In which phase 1 is a condominium ready for sale remaining awaiting transfer of ownership, only 17% of the total amount. Phase 2 is still under development.  Forest Patong Project, Phuket is under

which phase 1 is a condominium ready for sale remaining awaiting transfer of ownership, only 13% of the total amount. Phase 2 is still under development.  Forest Patong Project, Phuket is under the

is awaiting transfer of ownership and the commercial area is under development Project the City Hat Yai Songkla province, there are 4 condominium units with 1 building as a condominium for sale. The

. The major reason is inventories decreased and decrease in land development costs because transferred to cost of sales. And land awaiting for development transfer to land development costs. Total

made an allowance for the value of land awaiting development amounting to 91.33 million baht from the difference from the appraisal value compared to the acquired value. Page 3 of 3 4. Financial costs of

of 63.06 million baht or 41.10 percent, mainly due to the same quarter of the previous year. The Company has made an allowance for the value of land awaiting development in the amount of 91 . 3 3

mainly due to the same period last year. The Company has made an allowance for the value of land awaiting development of 91.33 million baht from the difference from the appraised value compared to the

awaiting for development THB 89.0mn and gain on sales of investment properties, which was SPACE 48 - an office building for rent on Ratchadaphisek Road, THB 50.0mn. In 4Q/2019, 3-month period, the Company