with the increase of successful ownership transfers from 9 completed developments and including additional incomes from (sold units) deposits due to an increase of units that were unable to transfer

”) at a total sale price of not less than Baht 154,600,000. On March 30, 2018, the Company has proceeded with the transfer of the Disposed Assets to Landmark Property Company Limited (the “Purchaser”), in

year because of the increased number of condominium units handover and ownership transfer. Important numbers in the financial statements 2018 and 2017 Table 1: Profit/Loss Statement 2018 and 2017 Numbers

87.3 12,278.6 86.9 (2,244.5) (15.5) Revenues from project management 1,225.9 7.4 918.9 6.5 (307.0) (25.0) Dividend income - - 0.2 0.0 0.2 100.0 Gain from transfer of right for land purchase and sale

transfer. This enable the company to recognize the sales revenue in this period. On the other hand, the sales of Town Homes was 31.85 Million Baht, decreased by 30.29 Million Baht, or down by 48.74% Cost of

transfer expense) increase 77.61%. Three projects were completed in Q3/2018, two of which were residential condominiums i.e. Lumpini Seaview Cha-am (Building A) and The Selected Kaset-Ngamwongwan by L.P.N

of transfer, 4 of which under development and 1 low-rise residential project for sale (totaling 71 units in all phase), which includes the properties transferred to CPN Retail Growth Leasehold REIT

9.9 ( 75.3 ) (17.4) Dividend income - - - - - - Gain from transfer of right for land purchase and sale agreement - - - - - - Gain on disposals of investments in subsidiaries 314.8 7.8 35.0 1.0 ( 279.8

and nearly completed to transfer to customers. Besides, the Company was able to reduce the inventory to 846.6 million Baht, compared to at the end of the year 2018, equivalent to 1,329.1 million Baht

impairment and increased in recognize loss competition and land, building and equipment decline of 1,054.49 Million Baht due to recorded more in impairment of fixed assets and transfer fixed assets of 808.12