main factors for the increase were (1) the increased in marketing expenses and (2) increased in spending on delivery services fee such as Food Panda. Administrative Expenses Administration costs

9 months ending 30 September 2017 and 2018, administration expenses were THB 310.9 Mn and THB 332.4 Mn respectively, 17.0% and 14.9% of total revenue respectively. This was an increase of THB 21.5 Mn

amounted to 131.44 million baht. Most receivables were undue receivables and the unpaid amount did not exceed three months, which was according to a normal credit term for general clients. • Net land

1,816.96 million, respectively. Major assets were cash and cash equivalents, and property, plant and equipment. As of December 31, 2017 and December 31, 2018, the cash and cash equivalents amounting to Baht

inventory on lower- margins from sales. Total expenses were Baht 450.0 million, decreased by 5.9% compared to same quarter last year due to measures taken up to control expenses. As a result, the Company

table. Gross profit margin of land and houses in the first quarter 2019 and 2018 were 28.77% and 33.05% respectively, decreased 0.04 %. In first quarter 2019, Gross profit increases 0.75 % arising from

the third quarter of 2019 was 3.1%, increased from 2.5% comparing with the same period of last year. The main reasons for the increase in profit from continuing operations were mainly due to an

total assets amounted to Baht 1,816.96 million and Baht 1,751.26 million, respectively. Major assets were property, plant and equipment, cash and cash equivalents, and trade receivables. As of December 31

last year mainly due to the following:  Cost of property development operations increased by Baht 354 million as more property sales were recognized during the period offset by lower cost of sales of

had net loss of Baht 195.83 million, improving by Baht 277.17 million. The details were as follows:- 1. Total revenue was Baht 191.18 million, an increase by Baht 360.55 million or 213% resulted from