higher personnel expense of hotel and education business to support business expansion as well as the legal and financial advisory fees of the Mixed-use project, corporate restructuring project and other

transfer. Nevertheless, revenue from rental and services increased by 14%, which mainly derived from Crossroads project phase 1 officially opening on 1 September 2019 together with the acquisition of

expense along with the fact that the Company could no longer capitalize interest expense on CROSSROADS project since its commercial launch in September 2019, mainly pressured 2Q20 performance to reported

study and develop the power plant project using LNG as fuel, including the project of import and distribution of LNG to fuel the power plant in Vietnam. The remarkable performance with the highest NNP in

operate the project and has profit as agreed during the period of agreement after Phase 2-4 start to operate water distribution. HECH would purchase more GS’s share in the future from exisiting shareholder

investment in Ngam-Ngum 3 project for THB14.56 million compared to THB 95.15 million in 2017. ▪ The THB83.64 million of reversal of doubtful debt recorded in 2018 comes mainly from repayment of fully amortized

sales of the ABOVE 39 condominium project at the selling price of Baht 800 million in August 2018. E-Commerce segment Revenue from this business segment increase form prior year due to increase

derived from revenue generated from Outrigger group being acquired on 12 June 2018 as well as Crossroads project officially opening on 1 September 2019. 9M19 Net profit at THB 702m, or 33% decline YoY

compensation rate for employees who have more than 20 years of work from the original 300 days has been adjusted to 400 days; approximately 57.53 million baht, and the Company’s Voluntary Retirement project

beverage business under that brand “Casa Lapin” and 3 trademark licenses totaling value of 42,000,000 Baht. The Company set up the New Joint Venture (“JV”) with Coffee Project Co., Ltd (which its