projects, the Lofts Ratchathewi, and an ultra-luxury condominium project in Soi Sukhumvit 38, near BTS station – Thonglor, which is the third joint venture project with Tokyo Tatemono Asia Pte. Ltd. (“TTA
Management Discussion and Analysis 3Q18 and 9M18 P a g e | 2 On 18 September 2018, the Company has taken full control interest in LVM Holdings Pte Ltd which market and manage 220 luxury villas / vacation
in proportion of luxury products sold, which have lower gross margins in Italian department store (4) the decrease in the gross profit margin from rental and rendering services. 5. Selling expense was
Analysis 1Q2020 Significant Events The EXTRO, an affordable luxury condominium, was officially launched in February 2020 with THB 4,066m project value, 411 unit and THB 235,000 average selling price per Sqm
visiting the Company’s projects significantly increased comparing to that during the outbreak period. Additionally, one more ultra luxury single detached house at Santiburi The Residenses project was sold in
budget on luxury goods thus delaying the purchase of IT products. The significant decrease in sale revenue was mainly attributed to Branch sales, which decreased by THB 701.92 million. This decline is a
for IT products, posing pressure for consumers to reduce their budget on luxury goods thus delaying the purchase of IT products. The significant decrease in sale revenue was mainly attributed to Branch
1,122.74 1,024.78 97.95 9.56% Shareholders’ equity Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64
2018 2017 Items that will be reclassified subsequently to profit or loss: Surplus on land revaluation – net of tax 66,240 - 100% - - Items that will not be reclassified subsequently to profit or loss
’ equity Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64 20.64 - 0.00% Retained earnings 78.02