the revenue of the Q4-2018 decreased form the Q4-2017. Financial Analysis of the Company As at December 31, 2018, the Company financial position change from that of December 31, 2017, is presented and
further to other potential countries and is in the process of conducting market feasibility studies in certain markets. Apart from that, the Company was adversely affected by the compliance with the new
12,257 million baht as of February 29, 2016. Consequently, Book value as of February 28, 2017 was 55.1 baht per share, increasing from that of 49 baht per share at the end of last fiscal year. Debt to
in 2016. Howover our interest-bearing debt at the end of 2Q2017 decreased to Baht 7,926.3 million, from that of Baht 10,465.0 million at the end of 2Q2016 due to the loan repayment of Baht 2,500 which
any different opinion from that of the Board of Directors as mentioned above. All three Audit Committees attended this Board of Directors’ meeting. The Company’s Board of Directors hereby certifies that
recognition from The Ritz-Carlton Residences, Bangkok (“RCR”) which is a part of MahaNakhon project. As a result, the Company was able to repay loans during the period. Apart from that, the capital increase
Directors’ opinion under Clause 12 None of the directors and/or the Audit Committee had a different opinion from that of the Board of Directors of the Company in the Board of Directors’ Meeting No. 6/2017
was able to repay loans during the period. Apart from that, the capital increase from the investment of Apollo had resulted in the ability to terminate the outstanding debts to financial institutions as
Q4-2016 decreased. Financial Analysis of the Company As at December 31, 2017, the Company financial position change from that of December 31, 2016, is presented and explained the changes in the below