development operations which comprise of property sales and the sale of holiday club memberships decreased by Baht 97 million. The difference is largely attributed to the lower revenue recognition of holiday

of holiday club memberships decreased by Baht 246 million. The difference is largely attributed to the revenue recognition of property sales projects namely Cassia Phuket and Laguna Residences which

comprise of property sales and the sale of holiday club memberships decreased by Baht 172 million. The difference is largely attributed to the revenue recognition of property sales projects namely Laguna

year. The quarterly comparison of its performance in different business categories is shown in the table below: (Unit: Million Baht) Third quarter 9-month period 2017 2016 Difference % 2017 2016

Microsoft Word - MD&A 2Q17 EN August 15, 2017 To President, The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent

difference on translating financial statements of owned hotels overseas following appreciation of the Thai baht against the USD and Peso. However, when considering the revenue of Owned Hotels overseas in local

-product Palm oil refining service Vessel operating Other income Total revenue Segment revenue variance ( million baht). (66.21) 9.65 0.74 (1.12) (56.94) The difference of rates revenue by segment (%) (13.85

89% compared to prior year which were net loss of Baht 169 million. The operating results changed over 20%, main variances due to the following reasons: 1. Revenue from sales and services increase from

and the sale of holiday club memberships increased by Baht 255 million. The difference is largely attributed to the revenue recognition of property sales projects namely Cassia Phuket, Laguna Residences

contract period rather than the front-loaded AP received from EGAT according to PPA and to record the deferred revenue from the difference between the advance payment due to the front-loaded AP (cash revenue