of 270 million Baht or 9% as compared to 2017. This comprises of (1) gross profit from property business of 1,461 million Baht (24% of total revenue from property business), a decrease of 12 million

31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The

Property Fund 192 174 18 10 Quality House Hotel and Residence Freehold and Leasehold Property Fund 61 60 1 2 Total 1,927 1,776 151 9 III Cost of sales breakdown by business segment (Unit: Million Baht) 2019

cash and cash equivalent, temporary investments, Social Security Office receivables and property, plant and equipment. As of 31 December 2016 and 30 June 2017, cash and cash equivalent together with

amounted 1,023.1 million baht, increased 50.7 million baht or 5.2 percent compared to non-current assets as of December 31, 2016. The major change was mainly from the increased of property, plant and

December 31, 2017. The major change was mainly from the decreased of land and buildings awaiting development amounted 255.0 million baht , Investment Property amounted 15.5 million baht while Cost of

operations. The increase in the profit came from the decrease in selling and administrative expenses of THB 36.98 million, the decrease in finance cost of THB 3.24 million for the repayment on loan, and the

1,898 -4% Property, plant and equipment 2,101 2,130 -1% Goodwill 53 55 -2% Investments in joint venture 53 45 +17% Other non-current assets 596 577 +3% Total non-current assets 2,804 2,807 -0% Total

investment was 510.39 million Baht, increased by 79.87 million Baht due to the cash from operation during the first half of 2018, net off with investment in property, plant and equipment as well as advance

, net off with loan repayment as schedule in March 2018 by 560 million Baht. - Intangible assets were 3,684.17 million Baht, decreased by 18.56 million Baht from the amortizing of intangible assets. 2