projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
upscale successfully developed hotels, as part of Project Crossroads Phase 1 in the Emboodhoo lagoon in the Republic of Maldives, consists of two islands undergoing development, (i) SAii Lagoon Maldives
, one hotel in the Republic of Maldives and one hotel in Mauritius "Outrigger Hotels"; (3) Two upper upscale successfully developed hotels, as part of Project Crossroads Phase 1 in the Emboodhoo lagoon in
development (net) of THB 575.9 mm, mainly resulting from higher land transfer in 2019 as mentioned above. However, the Company has developed more on the industrial estate during this period as well. 6. Decrease
revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the
machines with Boonterm top-up service and back office management to the newly launched fresh roasted coffee machine, developed by FORTH, which can brew various beverage menu to cover broad customer segments
exchange rate of receivable under finance lease of Natural Gas Power Plant and partially from realized gain on exchange from payment for machine and spare parts for the under-developed projects to foreign
lease of natural gas power plant and partially from realized gain on exchange from payment for machine and spare parts for the under- developed projects to foreign suppliers. During the period first
from unrealized exchange rate of receivable under finance lease of natural gas power plant and partially from realized gain on exchange from payment for machine and spare parts for the under- developed
-developed projects to foreign suppliers. During the first quarter of 2024, Thai Baht was depreciated compared to exchange rate of the first quarter of 2023, then the Group has gain on exchange rate for the