from raw materials prices and selling expenses decreased 1.08 million Baht or 4.22%, i.e. the export expenses increased due to the merger of transport companies. Administrative expenses decreased 4.27

in the board of directors’ meeting after the merger, the Board of CCPH shall during their first board meeting appoint “chairman or chairperson of the audit committee” to act as a chairman or

increased by 18.40 million Baht or 2.70%, mainly came from raw materials prices and selling expenses increased 3.65 million Baht or 16.56%, i.e. the export expenses increased due to the merger of transport

Limited Cash Flow from Investment in 2017, the Company posted cash outflow of 713.4 million Baht as a result of merger and acquisition of new business and Property, building and equipment. Cash Flow from

of Baht 2.98 million or 48.63 % decrease since in 2019, the company needed to pay interest for the convertible bond as a result of a subsidiary merger of which the investment amount had been later

to a merger. We also acquired a new customer with substantial renewable user licenses. Both clients have signed long term contracts. Therefore, our company is confident our recurring incomes will

Hotel and Residence Freehold and Leasehold Property Fund 15 14 1 7 43 36 7 19 Total 397 392 5 1 1,196 1,150 46 4 III Cost of sales by business segment (Unit: Million Baht) Third quarter 9-month period

Center Plc 295 271 24 9 880 780 100 13 LH Financial Group Plc 105 107 (2) (2) 321 324 (3) (1) Quality Houses Leasehold Property Fund 49 44 5 11 145 132 13 10 Quality Houses Hotel and Residence Freehold and

to the expansion of the electric train network to more outer city locations. In addition, this group of customers has the objective of buying for real residence and there is still fluctuation of demand

more outer city locations. In addition, this group of customers has the objective of buying for real residence and there is still fluctuation of demand lower than condominiums. Therefore considered as a