% 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
rising cost of land becomes a major risk for operating a real estate business. Additionally, the difficulty of finding a good location of land with reasonable price point in central Bangkok has arisen
risk for operating a real estate business. Additionally, the difficulty of finding a good location of land with reasonable price point in central Bangkok has arisen. With regarding to the competition
, decreased in amount of 12.0 million Baht or 33.3 percent. Real estate revenue was lower than last year due to the economic downturn resulting in the company postponing the new project development plan which
or 14.80 percent. Expenses Cost of Sales The Company and its subsidiaries' cost of real estate was in the amount of Baht 261.31 million, decreased by Baht 26.48 million or 11.28 percent, compared to
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