value. Business Operating Results and Profitability Transaction For the Year ended 31st December (Unit: Million Baht) Year Increase (Decrease) 2017 2016 Amount % Total Revenues 614.82 611.14 3.68 0.60

value in AUD currency increased. In contrast, the Company recorded loss on exchange rate of Baht 344.10 million in the 1st quarter of 2018 due to the depreciation of AUD currency in relative to USD

Company is equivalent to THB 784,968,760 divided into 784,968,760 ordinary shares at the par value of THB 1 per share. As of the Entries Business Transfer, the Company could expand and strengthen its

the year 2016. Our book value per share as at 31 December 2017 stood at 33.19 Baht Significant changing is as follows: 1) Revenue from sale in Baht 770.8 million increased by Baht 39.6 million or 5.4

business for the second quarter of 2018 amounting to Baht 881 million, an increase of Baht 69 million or an increase of 8% compared to that of the previous year amounting Baht 812 million. The top-up value

percentage is agreed on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares to be issued to the Company. 3.2 The

fully repaid in November 2019 from the net proceeds of SHR’s IPO, an increase in income tax expense due to growth in transfer value of residential project as well as fair value adjustments on investment

value that has been revalued to reflect the current market prices of raw materials, which some items were in downtrend and the significant appreciation of Baht, resulting in higher cost of goods sold. The

luxury condominium projects, “the Estelle Phrom Phong” and “TAIT 12” with the first week pre-sales volume of more than 40% and 60% of the project value, respectively. November Appointed Mr. Bancha

, the Company had the net profit attributable to equity holders of the Company before gain on fair value adjustment of investment due to reclassification in the amount of Baht 1,089 Million representing