Company’s subsidiary company which do real estate development business, has started to transfer the ownership of condominium rooms at Aspen Condo to the purchasers. . . 3.2 Selling and administrative expenses
THB 71.9mn or 8.0% YoY. Of which, THB 774.2mn, or 93.2% of the total revenue was from sales of real estate of 6 projects which details are presented as below table, THB 10.7mn was from F&B business and
. This was primarily due to the Company’s business expansion which incur higher expense as well as extra expanses for new subsidiaries that operating commercial real estate business and food and beverage
2019, Mana Patanakarn Co., Ltd., which operates real estate business, There is a cost to sell the project. A Space Phase B and Phase C to boost sales from the same quarter of 2018. Also, Advance Prefab
estate business and thus the Company has to revise its strategy and target group. The year 2017 marks “The Year of Shift”. First of all, the target customers of the Company have been changed from middle to
decisions to slow down. Cost of goods for year 2019 was 72.0% of revenue compared last year was 63.32% The cost of real estate business has increased due to, in the year 2019 the old project has been
Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development business to industrial estate projects. And
management in Thailand and worldwide, has operated into 5 business including Hotel Development, Education, Real Estate Development, Food and others. There are 4 brands for hotel and resort under DTC including
Management’s Discussion and Analysis (MD&A) Page 11 of 16 Revenue from sales decreased 35.4% YoY, cost decreased 21.5% YoY while, gross profit margin stood at 28.9%. Performance of real estate business Revenue
persons 6. Market overview of the business of procuring benefits from invested real estate 7. Structure and operation of REIT 8. REIT Manager 9. Trustee 10. Fees and expenses collected from REIT 11