39 million over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok.  Revenue from property development operations which comprise of property sales

were not recognized as sales revenue this quarter in accordance with relevant incoterms. The Y-o-Y decrease in revenue was due mainly to a 13% decrease in sales volume (Table 4) and due to the

% Page 2 of 3 Sales and service income Sales and service income for the first quarter of 2019 totaled 796 million baht, decrease 250 million baht or 24% from the first quarter of 2018, mainly from the

. Revenue from sales and services decrease from prior year by Baht 6.3 million or 71% due following to: Description 3Q2019 Million Baht 3Q2018 Million Baht Change Million Baht Change (%) Revenue from real

5.90 Million Baht, decrease of 7.42 Million Baht or 55.70% comparing to the same period last year. Profit to equity holders of the parent is 5.29 million baht decrease of 5.47 Million Baht or 50.84

13.58% from the same period of previous year. This was due to decrease in the delivery of pre-stressed concrete piles, post-tensioned and special cement which was Baht 101.24 million. However, the

due to 1) sales decrease; 2) higher cost per unit as a result of lower utilization rate; 3) higher depreciation; 4) higher excise tax and sugar tax following the Excise Act, B.E. 2560; 5) sales

at the new factory which incurred as a result of lower-than-normal production capacity in the amount of Baht 4.68 million, there was a decrease in warehouse rental fee, entertainment expenses and

subsidiaries’ construction income was Baht 35.57 million whereas Baht 64.20 million in the same quarter of 2017 showing a decrease of Baht 28.63 million or representing 44.60 % decrease since there have been

.  Net profit in Q3/2017 was Baht 78 million, a decrease of 52% YoY due to 1) higher cost per unit resulted from lower capacity utilization YoY; and 2) higher depreciation resulted from additional