the same period of last year. This is consistent with the decreased profit. 4 Financial position Assets Unit: Million Baht 30 September 2019 31 December 2018 Increase (decrease) % Variance Current

Assets As at the end of 30 September 2019, the Company had the total assets of 19,930.9 million Baht, an increase of 487.9 million Baht or 2.5% from the end of 2018. This was due to the subsidiary company

501 THB mm for the three-month period ended 31 March 2019 to 512 THB mm in 2020 or representing an increased rate of 2.1%, mainly due to • The increase in revenue from property development operations

amount 62.11 million Baht. หน้าที่ 4 จาก 5 2. Analysis of Financial Status (Unit: Thousand) Items 30 September 2017 31 December 2016 Increase(Decrease) Percentage Net Assets 6,175,925 5,820,498 355,427

(Unit: Thousand) Items 30 June 2017 31 December 2016 Increase(Decrease) Percentage Net Assets 6,129,846 5,820,498 309,348 5.31 Net Liabilities 1,248,590 999,424 249,166 24.93 Shareholders’ equity

1.80 As of 30 June 2019, the group had total assets of 5,218.97 THB mm, an increase from 31 December 2018, 437.60 THB mm or 9.15%, mainly due to property development operations costs from the Veranda

. The main reasons are as follows: 1. Increase in non-current assets held for sale of THB 1,181.3 mm was from the reclassification of assets, which will be monetized to WHART and HREIT from investment

increase of 2.58 percent, due to the increase in net profit of 4.99 percent and decrease in average shareholders’ equity per year of 7.81 percent from the previous year. Return on Assets (ROA): The Corporate

. • Other Current Assets: increased by THB 86 million mainly due to the increase in investments in other current financial assets and the increase in inventories. • Other Non-Current Assets: increased by THB

investment properties during this period as well. 7. Increase in non-current assets held for sale of THB 1 3 3 . 3 1 mm due to the reclassification of assets, which sold to HREIT totaling rental area of approx