rate of profit was lower than the increased rate of revenue because the gross profit margin in Q3–2019 was lower than the Q3–2018. Consequently, many large-scale projects delivered in Q3–2019 were low

from the lower number of franchise branches opening when compared to the same period of 2018. Item 6-Months Period Ending 30 June 2018 2019 Net Number of New Branches Opened (1) (Branch) (1) 19 Number of

of Thailand is still likely to slowdown from both internal and external factors. It is result in lower purchasing power of consumers, especially in the middle and lower income level. Nevertheless, the

residences “The Ritz-Carlton Residences, Bangkok” at MahaNakhon transferred in the Q3 2018 of 4 residences which was lower than the same period last year of 27 residences. The Company’s gross profit from

finance cost of 1,643 million baht, increasing by 5% y-y. For the third quarter of 2018, the finance cost was 538 million baht, increasing by 2% y-y and decreasing by 3% q-q due to a lower interest rate

health and esthetics. 2. Overview of operating results for the year 2019. Thai’s economic has trend to growing lower continuously, Not only exporting business but Travelling business also have trend to

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

property development services with the focus on the quality of life of the residents managed with “Vibrant Community” concept and develop a home for lower-middle to upper-middle income earners at the

to 15 percent or Higher than but lower than 50%) The transaction under the method of calculation of the transaction size by using the total value of consideration according to the Notification of the

, loans revenue was 2,905 million baht, a decrease of 115 million baht or 4% y-y, mainly from lower new trading volume and reduction on interest rate ceiling for personal loan by 3%. Moreover, loan income