projects, the Lofts Ratchathewi, and an ultra-luxury condominium project in Soi Sukhumvit 38, near BTS station – Thonglor, which is the third joint venture project with Tokyo Tatemono Asia Pte. Ltd. (“TTA

gained more new projects. In terms of total operating expenses, it usually varies in line with the increase or decrease in revenue as the comparison between Q1- 2017 and Q4-2016, The change in total

due to profit gaining from construction projects. Project on hands as of September 30, 2017 No. of project Contract Value Backlog (Million Baht) (Million Baht) Construction proect 7 858.45 270.85

from revenue recognition by % of completion of projects which were hired on 2016 – 2017 together new projects awarded on 2018 of 11 projects. The portion of each segment revenue of 2017 – 2018 as follows

million as of December 31, 2018 to Baht 60,721 million as of March 31, 2019, primarily due to the short-term borrowing for project acquisition and additional loan drawdown for the projects under development

rendering of related services to the group customer, with 17 operating solar power projects in Thailand, and (2) revenue from the sale of electricity from its own solar power project operated by its direct

clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by its direct subsidiary. SAAM Energy Development Public

project site location and rendering of related services to clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by

those of last year. Most of the small and medium project projects have a higher gross profit margin than large projects. Smart service business The Company had gross profit for the third quarter of 2019

in Information and Communication Technology and the D–ticket Project of State Railway of Thailand. Furthermore, the important new projects in 2021, such as the Storage Purchase Agreement Project for