60.3mn, an increase of THB 9.3mn, or 18.2% YoY from THB 51.0mn in Q1/2019. It was mainly due to the loan interest expense for the Lofts Silom project was recognized as financial cost after the construction

% Interest expenses (8.99) -1.1% (6.49) -0.9% (6.54) -0.9% 0.8% -27.3% Profit before income tax expenses 169.68 21.3% 163.68 21.4% 140.81 19.3% -14.0% -17.0% Income tax expense (20.57) -2.6% (18.20) -2.4

has not revised the past financial statements which incurred high depreciation expense causing the new depreciation value to be lower. The effect from changing the estimated useful lives towards the

4.9 THB mm (based on the conservatism principle, which the case is not yet final and is in the legal process) For the three-month period ended June 30, 2020, total one-time expense is 6.3 THB mm

-22.37 -25.74% 10.98% 13.08% Other expense 22.93 - 22.93 N.A 3.90% 0.00% 4 6-month period for the Year 2020 comparing to 2019 Consolidated Separate Amount Change Compared total income Amount 6M.2020 6M

ระหว่าง ด าเนินการเพื่อเตรยีมเปิดใหบ้รกิาร ท าใหต้อ้งมคี่าใชจ้่ายในการขายและบรหิารในช่วงแรก (Pre-opening expense ) แต่กลุ่มบรษิทักไ็ดบ้รหิารการใชต้น้ทุนและค่าใชจ้่ายอย่างระมดัระวงั เพื่อใหส้อดคลอ้งกบัแผนงา

remain the same as it is the core expense for the business, and the revaluation on deferred tax assets that affect net profit. 2.1 Selected Financial Position and Operating Results Q2/2020 Significant

organization to a business unit. The digital transformed will also be achieved to improve the operational process to be flexible and increase the efficiency of expense management and operational costs. The 4

) Asset 6,425,974.15 Debt 156,505.68 Equity 6,269,468.47 Revenue 11,441.97 Expense 741,973.47 Net Loss 730,531.53 4. Type of transaction To engage in land rental agreement, is considered to fit under the

still the fixed costs such as employee salaries, therefore the decreased rate in expense was lower than the decrease rate in revenue. Financial Analysis of the company As of March 31, 2020, the Company