% as well as the rental and service income of real estate development decreased by 8.5%. Overall Performance of the Company was affected from the business loan, its subsidiary which required the
a subsidiary company, which registered as a juristic person in Thailand under the Civil and Commercial Code on August 29, 2017. The subsidiary operates in real estate development and asset management
the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories
Asset of the company Consideration = 282/337.74 = 83.5% 4. Share Value = Not used because the acquired asset is real estate Remarks: NTA = Net Tangible Asset is calculated from total asset subtract
25.01 percent, due to the Company and its subsidiaries mainly had the costs of sales for real estate development projects, deposit for land, land held for development, land building and equipment, cash
subsidiaries’ total assets decreased from the same period of 2015 by Baht 197.80 million or a 9.60 percent decrease because the Company and its subsidiaries’ assets were mainly related to the costs of real
from 4Q19 onwards as well as transferred 2 standalone projects in 2Q20. Real estate business Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 12 of 16 Weighted
absence of revenue from hotel operations. Performance of real estate business Revenue from sales In 2Q20, the Company has residential project for sale which are sold out and transferred 5 projects