= Translation = Management Discussion and Analysis for Interim Business Operations The Information of Share Capital Registration and Entire Business Transfer The Company registered the change of

construction works. Under this method, the revenue recognised is based on the latest estimate of the total value of the contract and actual completion rate determined by reference to the physical state of

507mn o Advertising revenue decreased by 56.8% YoY to THB 179mn. o System integration services revenue decreased by 1.5% YoY to THB 328mn.  Recorded a share of loss from investment in joint ventures and

, a 89.8% decrease from 1Q2019. (Unit : Million Baht) Consolidated Financial Statements 1Q'20 1Q'19 % Change Total Revenue 430.3 459.4 -6.3% Gross Profit 136.5 183.4 -25.6% Normalized Share of Profit

design, work suspension or delay due to change in construction design Many projects are gradually completed. Concurrently, many new projects that have been signed into contract or about to be signed which

signed into contract or about to be signed which will allow the Company to begin to recognize revenue. 3.2 Revenue from real estate development business has decreased when compared to 2019, by Baht 403.82

construction design. Many projects are gradually completed. Concurrently, many new projects that have been signed into contract or about to be signed which will allow the Company to begin to recognize revenue

fund and private fund management fee from Solaris Asset Management Company Limited (“Solaris”) decreased.  The Company recognized share of loss from associated companies under equity method of Baht 5.02

and paid-up share capital. 4. Rationale to Enter into The Transaction The renewal of the land rental contract is required since the previous agreement expired. The subsidiary company rents this land for

) (68.72) 311.51 Basic Loss Per Share (THB) (0.12) (0.04) Book Value per Share (THB) 0.12 0.32 30/06/2562 % 31/12/2561 % เพิม่/(ลด) % Current Asset 308.86 31,841.24 362.95 25,381.12 (54.09) (14.90) Non