2017, the Company is continually developing its current real estate projects: MahaNakhon, MahaSamutr, and Nimit Langsuan projects. Despite of competitive in pricing action, the Company has handover 33

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from real estate sales, which was the main source of income for 2019. In this regard, the analysis of the operating results of the Company could be explained as follows: Rental and Service Income and

the capital assessment in order to register the rights and legal transaction determined by the Treasury for calculating property tax, registered fee and stamp tax but for real there are different status

Division Revenue from property development (real estate) business division for year 2017 amounted 73.2 million Baht compared same period last year was amounted 95.4 million Baht, decreased the amount of 22.2

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