water supply from Tambon Administration Organization in the area of Tambon Maikhao, Amphor Talang, Phuket Province which is 30 years. The discount rate is calculated based on the return on equity (Ke) of

administration expenses was Baht 15.43 million compare with the same period of previous year amount to Baht 13.93 million, increase by Baht 1.50 million or increase 10.75%, due to the company paid for financial

lower cost of sales of holiday club memberships.  Cost of office rental operations increased by Baht 7 million. This is largely attributed to higher property tax and common area charges for building

year ended 31 December 2019 and 2018 were THB 187.28 and 196.57 million respectively. Administrative expense decreased by THB 9.29 million or 4.73%. This is because of a decrease in common area fee which

common area charges for building renovations.  Selling expenses decreased by Baht 2 million as the decrease in hotel selling expenses were offset by the increase in selling expenses of property

area charges for building renovations. • Selling expenses increased by Baht 20 million mainly due to property sales commission. • Administrative expenses decreased by Baht 18 million mainly due to lower

4,028.24 4,465.93 10.87% Selling and Administration 89.66 94.78 90.69 79.21 347.66 354.34 19.21% EBIT 189.37 123.29 74.01 124.54 626.49 511.21 -18.40% Net Profit 154.69 102.52 63.05 103.53 513.63 423.79

period and also lower cost of sales of holiday club memberships. • Cost of office rental operations fell by Baht 7 million. This is largely attributed to lower common area charges for building renovations

revenue, costs controlling in raw material, promotional and selling expenses and administration expenses. Revenue by segment Unit: million baht for 3-month period ended September for 9-month period ended

spread in Thailand and The government has enacted the Emergency Decree on Public Administration in Emergency Situation (Emergency Decree) and orders to close the places where there is a high risk of