Management Discussion and Analysis 3Q18 and 9M18 P a g e | 2 On 18 September 2018, the Company has taken full control interest in LVM Holdings Pte Ltd which market and manage 220 luxury villas / vacation
in proportion of luxury products sold, which have lower gross margins in Italian department store (4) the decrease in the gross profit margin from rental and rendering services. 5. Selling expense was
Analysis 1Q2020 Significant Events The EXTRO, an affordable luxury condominium, was officially launched in February 2020 with THB 4,066m project value, 411 unit and THB 235,000 average selling price per Sqm
visiting the Company’s projects significantly increased comparing to that during the outbreak period. Additionally, one more ultra luxury single detached house at Santiburi The Residenses project was sold in
of the newly issued shares at the price per share of Baht 335.29377 is reasonable in which the Company will receive the expected return. The share premium will be the asset of Hero Experience for
Shares Transaction # Shareholders Number of Shares Shareholding (Percent) Paid-up Capital (Baht) Premium (Baht) 1 Mr. Surakiat Thienthong 201,315 7.50 20,131,500.00 2 Mr. Surachart Thienthong 201,315 7.50
WHA026/2017 13 November 2017 Subject Notification of Resolution of Board of Director to Disposal of Assets to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Dear President The
of Baht 335.29377 is reasonable in which the Company will receive the expected return. The share premium will be the asset of Hero Experience for construction cost and investment in future project. 4
623.1 635.3 668.2 740.1 71.9 10.8% 2,420.7 2,666.7 246.0 10.2% FiT Premium 43.7 37.4 35.8 35.7 (0.1) (0.3%) 170.3 152.6 (17.7) (10.4%) Sales of electricity to Industrial Users (IU) 4.7 4.7 4.9 6.3 1.4