, because the Company realized the revenue from right of way charged in industrial estates totaling of THB 208.7 mm in the third quarter of 2017. Expenses analysis 2017 2018 Increase/(Decrease) THB mm THB mm

business toward a potential segment. J Ventures  Decentralized Digital Lending Platform expected to complete by scheduled and expect to realized its revenues in 2019 once the system commercial implement

aside additional provisions of Bt57.4 million for employee retirement benefits in 2019, whereas in 2018, the company realized a gain of Bt65.7 million from its previously- held equity interest in an

to the lower price of natural rubber, mainly material. Trade and Other Receivable As of 31st December 2019, trade accounts receivable and other receivables shown the value as the net realized gain

revenue increased from all 3 businesses mainly from the Si Rat-Outer Ring Road Expressway (SOE) and the O&M service of the MRT Purple Line which operated in August 2016 while the Company realized those

642 million or 186% increase compared with the same period in the precedent year. In the Third quarter of 2017, the subsidiary realized revenue for new condominium project – The Trust Condo @BTS Erawan

incorporated a Bt100mn front-end load service fee from the Maldives project which was realized in September 2016. Gross Profit 3Q17 gross profit grew by 53% YoY, mainly driven by higher contribution from

’ Equity As at 30 September 2017, the total shareholder’s Equity of the Company were 5,902 Million Baht, mainly due to the recognition value of joint venture of the Apollo’s deal and realized gain from the

venture of the Apollo’s deal and realized gain from the re-measurement of the remaining investment at fair values since Q2 2017. Appropriateness of the Funding Structure At the end of the year 2016, the

by 29.24 million baht, reduced from 2016 at 21.69%. Trade and Other Receivable As of 31st December 2017, trade accounts receivable and other receivables shown the value as the net realized gain