million, in line with increase in total assets. Total shareholders’ equity increased by Baht 479.75 million driven by increase of profit during the period. 3) Key Financial Performance Q1 2020 Q2 2020 Q3

increase in current assets of Baht 50.94 million and non-current assets of Baht 110.38 consisted of; 1. Cash and cash equivalents increased Baht 95.78 million. 2. Investment in subsidiaries increased Baht

increased by THB 126.92 Million or 8. 06% compared with December 31, 2019. The increase of total assets mainly came from increasing in trade receivable and other receivable together with inventories due to

million THB. The inventory comprises ready-to-move-in projects from the previous years (61%) and 11 aforementioned projects completed in 2018 (39%). 3) Other non-current assets increase 13.73% from 31

September 2020, which grew by 56% from THB 2,600 million as of 31st December 2019. The increase in the assets was largely due to cash raised from an initial public offering (IPO) and the first-time adoption

(S) PTE. Limited. at the amount of Baht 17.22 million. 3. Financial Analysis (Unit: Million Baht) Items 31 March 2019 31 December 2018 Increase (Decrease) % Net Assets 5,976.43 5,885.03 91.4 1.55 Net

as of 30th June 2020, which grew by 1% from THB 2,600 million as of 31st December 2019. The increase in the assets was largely due to the first-time adoption of Thai Financial Reporting Standards (TFRS

) PTE. Limited. at the amount of Baht 23 million. 3. Financial Analysis (Unit: Million Baht) Items 31 March 2019 31 December 2018 Increase (Decrease) % Net Assets 5,891 5,885 6 0.10 Net Liabilities 2,265

assets decreased by 130. 0% . This is because in 2022, the Company has recorded an increase in allowance for expected credit losses from some receivable, while in 2023, the company has reversed the

Baht) Page 8 of 10 Management Discussion & Analysis Q3/2024 Assets As of September 30, 2024, the Company’s total assets amounted to THB 2,935.96 million, an increase of THB 292.61 million (+11.07%) from