. Nonetheless, the business sector remained challenged by new modes of competition, the broader marketplace amid the advancing digital age, regulatory changes, the rapid pace of technological advancement and fast
provide an opportunity for overall real estate industry due to a potential lower cost for both, real estate developer and buyer. The Company’s focus is on developing projects to serve real demand for
the strengthen in Thai Baht. Major Development in 2Q19 On April 1st, 2019, the Company opened Dusit Central Park Project to develop mix-used real estate project which it will be completed in 2024. In
consideration and approval of the termination of land lease agreement of Metro East Town Project between Estate Perfect Co., Ltd. (“Estate”) as the Lessor and We Retail Public Company Limited as the Lessee
segment In the Third quarter performance of 2017, the Company and its subsidiaries’ revenues from sales of real estate increased and 9-month performance of 2017, the revenues from sales of real estate
for Bangkok real estate business in 2019 and necessity to increase caution in business operation, the management maintain positive view over luxury condominium1 market, appraising from sales volume of
detail as follows: I. The operating revenue breakdown by business segment In the third quarter and 9-month period of 2019, the Company and its subsidiaries’ revenue from sales of real estate decreased from
which affected employment and domestic demand*. However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real
THB 887.7mn while that of 1H19 was THB 2,351.6mn. Of which, THB 685.6mn and THB 2,072.0mn, respectively, were from sales of real estate • Gross profit from sales of real estate in 2Q19 was THB 179.1mn