increase of selling, advertising and promotion expenses to accelerate revenue recognition for ready to move- in projects and to increase sale for the projects under construction. Moreover, the Company has

profit margin of the certain residential projects was also decreased as a higher competition. The decrease in sales and slightly increase in gross profit margin in 1 and 2 make a decrease of 2,957.72

, as follows: (Unit: Million Baht) For the second quarter For the period of six months Company/business 2017 2016 Increase(decrease) 2017 2016 Increase(decrease) Producer and distributor of ready-to

with the last quarter, as follows: (Unit: Million Baht) For the third quarter For the period of nine months Company/business 2017 2016 Increase(decrease) 2017 2016 Increase(decrease) Producer and

, comparing with the last quarter, as follows: (Unit: Million Baht) For the third quarter For the period of nine months Company/business 2017 2016 Increase(decrease) 2017 2016 Increase(decrease) Producer and

million increased by Baht 14.4 million or 7.2% from the quarter 3/2016, mainly due to increase of export and domestic sales. 2) Cost of sales in quarter 3/2017 of Baht 179.4 million, same as the quarter 3

sale of holiday club memberships was lower when compared to the year before. This was partially offset by an increase in the revenue recognition of Laguna Village projects. • Revenue from office rental

baht when compared to the same period last year. 6. The comparison of the Company’s administration expenses of the first quarter of 2019 and 2018 are as follows: Increase / Decrease 1 st quarter of 2019

) Administration expenses 21.07 860.00 29.31 8.20 (8.24) (28.11) Gain (loss) before finance costs and income tax (25.51) (1,041.22) 83.03 23.22 (108.54) (130.72) Finance costs 1.28 52.24 0.00 0.00 1.28 127,900.00

and 2018 were THB 175.92 and 154.89 million respectively. Selling expense had risen by THB 21.03 million or 13.58% due mainly to increase of selling and advertising expenses for the overall projects