equipment, it decreased 23.78 million Baht. Machinery and other assets decreased due to depreciation based on rules and transfer of completed assets during installation to machinery and equipment assets. - 10

projects was around 50-60% as planned and expected to be ready to transfer from 1Q18. Presales have started since January 2016 and CPN achieved 100% take-up for all three projects at the end of October 2016

amount of share purchase price and Director’s Loan at the time of such ownership transfer shall be still in the limit of THB 315,000,000. After obtaining approval from the Board of Director of the Company

Chiangmai Under Construction 2019 450 units 30 Nov 2017 Location Domestic Provinces of all projects was around 80% as planned and expected to be ready to transfer from 1Q18. Presales have started since

third quarter of 2017 was at 52.8%, compared to 54.0% in the same period of previous year. Notwithstanding if excluding revenue from a warehouse transfer, the repeating gross profit margin and genuine

income from complete installation of air tube systems for transfer documents and parcel (Pneumatic Tube Carrier Systems) for projects. . Analysis of Operating Results Statements of Comprehensive Income

nesses in the oup. mentioned d ll complete s vant approval general publi n accordance hen transfer th ess of any cir eeting in adva ovide opinio o analyze an subsidiaries   d Road, Km , 32 square

down. And Medical Vision Co., Ltd. has distributed medical equipment. In the 1 st quarter 2017, it recognized income from complete installation of air tube systems for transfer documents and parcel

businesses, and (3) land and building transfer fee incurred from the sales of Dusit Princess Korat. Financing Cost Financing cost was THB 59 million in 2017, a decrease of 19.3% yoy due to the Company’s long

services (converting solid waste into electrical energy for 25-year period started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to