revenue as we have recognized revenue of a big scale implementation job in Malaysia last year. With the acquisition of TigerSoft, the Company is able to expand its business to hardware, such as clock

of December 31, 2019, by a significant increase which is a result of the implementation of TFRS 16 2.2 Liabilities As of March 31, 2020, the Group had total liabilities of Bt12,564. 7 million

or 0.8% more than the same period last year. We saw a dip of 3.54mb in the implementation revenue from our ERP division due to resource constraints which should improve toward the end of the year. The

fast changing and hard-to-predict landscape, policy implementation must be timely and effective, and a key to achieve tangible results is to implement clear and efficient action plans with cooperation

4Q2019 2018 2019 Self-Managed Hotels Number of hotel 2 2 2 2 Number of key(1) 291 297 278 291 Occupancy rate (%) 72 70 76 72 ADR (THB) 8,054 7,350 8,415 7,777 RevPAR (THB) 5,757 5,117 6,401 5,591 Outrigger

development projects that aligns to the cash flow of The Company. MahaSamutr Project: The construction of MahaSamutr project – villas are 99% completed. The Company has managed to transfer a total of 5 villas

, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654 3323 The construction of MahaSamutr project – villas are 99% completed. The Company has managed to transfer a total of 5 villas and recognized a total

Total Consolidate Joint Venture Total Real estate transferred activities 5,826.2 - 5,826.2 5,041.0 2,184.4 7,225.4 1,399.2 24.0% PAGE 2 However, The Group still managed to maintain the net profit margin

Debtors. This is to ensure the Company financial status and performance. The Backlog was around 10% of the total sales that lead to less risk under cost fluctuations. The Company has also managed the risk

increased by 4.13% YoY. The increase was mainly due to the expenses of new outlets (i.e. Rayong and Diana Hat Yai branches) such as depreciation, and utilities. The Company efficiently controlled and managed