Loan to Value regulations (LTV) on 1 April 2019 caused a slowdown in real estate development sector. The LTV generally focused on controlling and carving out real estate speculator and investor. The

) (34.8) (17.3) (17.5) (50.3%) (42.6) (102.5) 59.9 140.6% Net profit 360.3 366.5 411.2 367.4 (43.8) (10.7%) 1,507.6 1,505.4 (2.2) (0.1%) Loss attributable to non-controlling interests - - - (0.3) 0.3 N.A

(21.8) (22.5) (50.2) 123.1% 130.3% (50.4) (72.7) 44.2% Net profit 366.5 322.4 383.7 19.0% 4.7% 726.8 706.1 (2.8%) Loss attributable to non-controlling interests - (0.3) - N.A.(100

%) 1,223.2 1,196.1 (2.2%) Tax expenses (34.8) (50.2) (35.9) (28.5%) 3.2% (85.2) (108.6) 27.5% Net profit 411.2 383.7 381.4 (0.6%) (7.2%) 1,138.0 1,087.5 (4.4%) Loss attributable to non-controlling interests

(51.7) N.A.(

expenses (50.2) (12.1) (26.8) 121.5% (46.6%) (72.7) (38.8) (46.6%) Net profit 383.7 274.9 315.7 14.8% (17.7%) 706.1 590.7 (16.3%) Loss attributable to non-controlling interests - (0.1) (0.1) - N.A.(>100

%) Tax expenses (35.9) (26.8) (29.0) 8.2% (19.2%) (108.6) (67.8) (37.6%) Net profit 381.4 315.7 316.8 0.3% (16.9%) 1,087.5 907.4 (16.6%) Loss attributable to non-controlling interests (0.1) (0.1) (0.1

) 7.1 (36.1) N.A. (92.8) (60.8) (32.0) (34.5%) Net profit 274.9 315.7 316.8 164.9 (151.9) (47.9%) 1,281.4 1,072.2 (209.2) (16.3%) Loss attributable to non-controlling interests (0.1) (0.1) (0.1) - (0.1

%) (38.8) (66.8) 72.2% Net profit 315.7 255.2 219.5 (14.0%) (30.5%) 590.7 474.7 (19.6%) Loss attributable to non-controlling interests (0.1) - (0.1) N.A. - (0.1) (0.1) - Net profit attributable to the parent

(expenses) income (29.0) (19.4) 18.8 N.A. N.A. (67.8) (48.0) (29.2%) Net profit 316.8 219.5 110.2 (49.7%) (65.2%) 907.4 585.0 (35.5%) Loss attributable to non-controlling interests (0.1) (0.1) (0.3) 200.0