amounted to Baht 11.52 million, a decrease of Baht 121.82 million reduced costs associated with reduced revenue. Expenses are as follows. Cost of sales - Real estate development business of Baht 3 . 9 4

19.07 million, which is in the same direction as income. Expenses include Cost of sales - real estate development business in the amounted to Baht 18.10 million. Selling and administrative expenses

54.0% THB (mn) 3Q 2018 (Restated) 2Q 2019 3Q 2019 QoQ (%) YoY (%) Operating revenue 486 690 748 8.4% 54.0% Cost of sales 281 429 482 12.5% 71.8% Gross profit 205 261 265 1.6% 29.5% Selling, general

Change between YoY Q3/19 Q3/18 Amoun % Sep. 30, 2019 Sep. 30, 2018 Amoun % Revenues from sales 2.77 1.89 0.88 46.80 7.53 5.32 2.21 41.61 Revenues from tour guide 6.19 1.03 5.16 501.68 14.80 5.44 9.36

นทีนอ้ยกวา่การเพิมขึนของรายได ้ จึงส่งผลใหอ้ตัราส่วนค่าใชจ่้ายใน การขายและบริหารต่อรายไดจ้ากการขาย (SG&A/Sales) ปรับลดลงจากร้อยละ 12.77 ในไตรมาส 3 ปี 2561 เหลือร้อย ละ 11.00 ในไตรมาส 3 ปี 2562 3. ค่า

million Baht as compared to 3Q 2018 of 872 million Baht. The details are as follows: I Property Business: The Company is to record the revenue from sales of residential condominium units in the statement of

276.97 million. The Company would like to clarify a significance change of Group’s operation results were summarized as follows 1. Revenue from sales of goods and rendering of services for the six-month

264.91 million. The Company would like to clarify a significance change of Group’s operation results were summarized as follows 1. Revenue from sales of goods and rendering of services for the six-month

to Baht 25.80 million, an increase of Baht 14.28 million, which is in the same direction as income. Expenses include Cost of sales - real estate development business in the amounted to Baht 18.18

return on financial instruments 198.58 (27.70) 198.31 (27.90) Shares of gain (loss) from investments in an associate 4.04 1.21 - - Gain on sales of investment in a joint venture - (8.80) - - Other income