Club is now reaching its highest point. In addition, the other parts are now in the progress of construction as planned. The MahaSamutr Villa is expected to start transferring to the owners since Q4 2017

million (+6.9% YoY) to THB 2,367 million. The continuous improvement in gross margin showed the effectiveness of “Fit Fast Firm” project (efficiency improvement and cost saving program) that helped driving

12,547 12,416 Gross profit margin (%) 22.84% 25.49% 26.48% Consolidated financial ratios 2018 2017 2016 Financial data and profitability ratios (continuous) Operating expense (include Research and

baht 10,474 12,123 12,547 Gross profit margin (%) 20.47% 22.84% 25.49% ratiosConsolidated financial 2019 2018 2017 Financial data and profitability ratios (continuous) Operating expense (including

resulted from the delay of project to improve and add CCTV which had a low gross margin as well as the increase in cost of ERP project incurred during the final delivery period. Retail business In 3Q17, the

of rubber which is the main raw material for production and the continuous appreciation of the Thai baht. Transaction For the Year ended 31st December Unit 2017 2016 Gross Profit Ratio % 15.60 21.05

square meters. It is a model center for expansion of small-sized center in other appropriate locations. Lease and other expenses for such model center are relatively low, paving the way for expansion in

central bank is likely to keep interest rates low for the foreseeable future. Economic indicators for June and the second quarter of this year suggested an expansion in private investment and consumption

power of those consumers relying on agricultural income have been affected by the drought and low commodity prices. However, the impact on private consumption is expected to be eased to some extent by

from Q1–2019 but it significantly decreased from Q4–2019, representing an increase of 35.4 MB and 1,049.7 MB, respectively. During in Q1–2020, the Company has the large–scale projects with continuous