company still managed to maintain the gross profit margin at 39.9% and started to realize the profit from 2 new completed joint venture condominium projects (Joint Venture) with Nomura Real Estate

/2019, corresponding to the decrease in sales. Gross Profit and Gross Profit Margin (GPM)  In Q1/2020, the Company has gross profit from real estate for sale business of THB 43.0mn, decreased from THB

control Q1/2020 Gross Profit The Company and its subsidiaries recorded gross profit of Baht 244 million, an increase of 7% YoY, representing gross profit margin of 20%, growth from 17% in Q1/2019, mainly

amounted to THB 40.43 million, representing gross profit margin of 73.56%, a THB 0.55 million or 1.38% increase from the same period of the previous year (Quarter 3 of 2019: THB 39.88 million) mainly due to

147.5 Total income 385.14 100.0 251.73 100.0 133.41 53.0 Cost of sales and services 275.58 71.6 176.02 69.9 99.56 56.6 Gross margin (exclude other income) 107.24 27.8 74.77 29.7 32.46 43.4 Selling and

ขั้นตน้ในไตรมาสท่ี 3 ปี 2563 จาํนวน 176.11 ลา้นบาท เพ่ิมข้ึน 68.03 ลา้นบาท หรือเพ่ิมข้ึนใน อตัราร้อยละ 62.94 โดยอตัรากาํไรขั้นตน้ (Gross Margin) เท่ากบั 44.98% ซ่ึงมาจากธุรกิจหลกั ดงัน้ี o ธุรกิจผลิต

profit resulting from efficient return trip cost management. Making the company profitable, with the gross margin for the first nine months of 2020 equal to 15%, an increase from the same period last year

% increased YoY. Gross Profit 1Q19 Gross profit at THB 1,303m represented a significant increase of 147% from the same period last year. However, the Company’s gross profit margin slightly reduced from 47% in

Million. Significant Financial Ratios* Description Unit 3rd Quarter 2019 2018 Net Profit Margin ratio % 21.60 26.12 Return on Equity ratio % 8.24 10.85 Return on Total Assets ratio % 3.21 4.04 Debt to

are 19.5% and 4.0%, respectively. Key Financial Ratio 4Q19 4Q20 FY19 FY20 Net Profit Margin (%) 17.1% 23.6% 17.1% 17.3% Interest Coverage ratio (Times) 3.5 4.2 3.3 3.2 Allowance for Expected Credit Loss