driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next

year was 31.01%. Revenue generated from single family housing projects and low-rise condominium units were THB 2,853.81 million, higher than last year which was THB 2,653.52 million. The Company had a

6 months of this year. This caused most developers to delay launching new housing projects as well as speed up the sale of housing inventory. Unavoidably, these created price competitiveness among the

focus more on doing projects with the public sector has caused the company’s back logs to decrease by 47.57 million baht between the year ending December 31st, 2017 and December 31st, 2018. The reduction

and administrative expenses In Q3/2017, Mana Patanakarn Co., Ltd., the real estate development company, had sales & promotion expenses to boost sales of condominium projects “Aspen Condo” Phase A. As a

due largely to major public and private projects delays to Q2/2019 and Q3/2019; - Wholesales/Retails down 6% Y-O-Y mainly from a highly competitive environment and weak consumer spending; - Whilst

of that The Group were able to recognized revenue consistently, due to the completion of 20 projects in the year 2018, and another 3 newly completed project transferred on March 2019 (B-Loft Lite

%) because in the year 2019 there was waiting to deliver the area from owner of construction projects and waiting for the summary of additional works – reducing works. 2. Sales revenue of 2.62 million baht

was due to a decrease in revenue from housing projects by Baht 1,296 million or 46% decrease compared to the same period of 2018. Meanwhile, revenue from condominium projects increased by Baht 274

(loss): A slump in shares of profits by 390% from the same period of the previous year was solely due to a negative performance of Advance Power Conversion Company (APCON) whose projects had been delayed