including additional incomes from (sold units) deposits due to an increase of units that were unable to transfer ownership within the company’s deadline. II Expenses. 1. Cost of real estate sold, in the

1,457.5 million baht, or 21.5% from the total revenue, a decrease of 50.8 million baht, or 3.4%, due to Gain from transfer of right for land purchase and sale agreement 312.0 million baht in 2018, however

from last year by Baht 36.30 Million. Due to increasing of transfer right of controlling asset and billing invoice to customers for construction contracts on hand. The Group’s has duration credit term

) (15.5%)  Selling expense in 2017 stood at THB 317.2 mm, which increased by THB 93.8 mm or 42.0% from the same period of last year, mainly due to the higher land transfer. The selling expense includes the

residential condominium units decreased. This was mainly due to most of the expenses were related to the transfer ownership of the residences of MahaNakhon project have been recorded in the previous quarters

28.6%, which increased from the GPM of 20.4% in 1Q/18 due to the transfer revenue was mainly from new project recently developed by the Company therefore, the margin is in line with the industry standard

Baht according to the consolidated financial statements. The Company could return to having net profit due to be able to transfer the condominium units under the Newera Condominium project as targeted in

687.43 Million Bath or down by 51.59% due to the reduce number transfer of condominium ownership revenue recognition than the year 2018. This enable the company to recognize the sales revenue. However

revenue from condominium sales of 797.40 Million Bath, which is decrease by 1,430.16 Million Bath or down by 64.20% due to the reduce number transfer of condominium ownership revenue recognition than the

the total revenue. The net profit increased by 9.61 million baht or increase by 70.71% from the same period of last year. The increase was due to more condominium units transfer as well as revenue