revenue from property ownership transfer from many projects. The Company's net profit for the six-month period of 2020 was 50.90 million Baht or 12.81% of total revenue. The net profit decrease by 53.40

to clarify the company and the subsidiaries operating results for the year ending, December 31, 2019 as follows: Profit and Loss of the year ended 2019 Unit: Million Baht Profit and Loss Statement

133.79 111.77 83.54 Selling expenses 22.33 8.41 13.92 165.52 Administrative expenses 37.18 21.61 15.57 72.05 Finance costs - - - - Profit before income tax 42.67 15.90 26.77 168.36 Income tax 8.77 3.10

impact and one-time loss items, normalized total revenue and share of profit from investments in associates decreased by 1.7%, mainly from lower land transfer. Notwithstanding, the Company had a large

because of higher land transfer which came from higher backlog. Gross profit from sale of real estate during 3 months ended the third quarter of 2019 stood at THB 385.8 mm, which increased by 206.8

venture agreement - 15.77 (15.77 ) (1.00 ) Impairment loss of land held for development - 5.83 (5.83 ) (1.00 ) Total expenses 68.47 154.19 (85.72 ) (0.56 ) Profit (loss) beforefinance cost and income tax

clarifies the performance as follows: During the first quarter of 2020, the Company had the total revenue and share of profit and net profit of THB 1,277.8 mm and THB 99.3 mm, respectively. If excluding FX

significant decrease in revenue from property ownership transfer from many projects. The Company's net profit for the first six-month period of 2019 was 104.30 million Baht or 14.87% of total revenue. The net

transfer from many projects. The Company's net profit for the nine-month period of 2019 was 121.44 million Baht or 13.91% of total revenue. The net profit decrease by 276.45 million Baht or down by 69.48

transfer,causing the project interest to be booked as a financing cost rather than in the cost of real estate sales as before. Net Profit The Company's net profit for year 2017 was 132.92 Million Baht, or