had issued new debentures and loan from financial institutions. The debt to equity ratio and the interest-bearing debt to equity ratio as of 31 December 2019 were at 1.95 and 1.68 times respectively

% from the total revenue, decrease 143.7 million baht, or 45.7%. Due to the year 2019, the Group has joint ventures with new partner as following : (1) Nomura Real Estate Development Co.,Ltd, to develop

year by THB 33.4 million or 88.5%. It mainly increased from new customers of the Government and State enterprise sector. 2.4 Revenue from Maintenance Service for the three-month period was THB 16.4

main factor was due to a launching of many new projects which resulting in higher marketing &selling expenses when compare to the previous year. Nonetheless, the administrative expenses of a period of

, new car model introduction, and some impact from the Bangkok Motor Show in March. Profit & Loss Analysis (Unit: Million Baht unless otherwise stated ) Q2 2017 Q2 2016 Change Amount % Total Revenues

increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit In the Quarter 2 of 2017, the Company and

of the new loan in the quarter ended June 30,2017 and the transferring from short-term loan, decreased trade and related company account payable 11.95 million Baht, increased advance from customer

statements of the Company 7. Proceeds Utilisation Plan WCIH will have new cashflow for debt repayment and working capital. 8. Opinion of the Board of Directors on the entering into the transaction The Board of

launch two more projects with the combined value of 3,500 million THB. Therefore, there will be the total of ten new projects launched throughout the whole year with the combined value of 14,000 million

previous year. To this, selling expenses increased by 38.09 Million Baht or increase by 41.95%. The main factor was due to more number of new projects which resulted in more marketing &selling expenses than