5,585 million baht or 7% from 80,771 million baht as of February 28, 2018. The main assets were attributed to the portfolio of net account receivables which shared 91% of total assets. - Accounts

482mn mainly due to the aforementioned consolidation which was the main driver in increasing the cost-to-sales ratio from 57.8% to 64.5% in this quarter. VGM’s cost structure is higher than MACO’s

decrease primarily due to the closure of Department store, Retail and Plaza from Covid-19. 4. Gross profit was THB 12,959 million, decreased by 11.5% from the same period of the last year. Main components of

loss for the 1st quarter of year 2020 was Baht 255 million representing a decrease of Baht 469 million or down by 219% over the same period last year. The main reasons include: Total revenues The company

% from 95,396 million baht as of February 29, 2020. The main assets were attributed to the portfolio of net account receivables which shared 87% of total assets. 6 - Accounts Receivable The Company had

Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business

166.9 MB, representing an increase of 87.7% the main reason is that in Q1–2020, the Company received payment from trade accounts receivable but have not paid trade accounts payable since they are not due

Marketing I&I Experience Company Limited (the subsidiary) was established on June 25, 2019. The main business is to provide consulting service in strategic planning, branding, customer experience management

Discussion and Analysis 2018 Total Revenue Total revenue is generated from three main business segments: Residential, Commercial and Hospitality business Residential Business As a result of transferring

August 31, 2019, consolidated total assets were 92,241 million baht, an increase of 5,119 million baht or 6% from 87,122 million baht as of February 28, 2019. The main assets were attributed to the