whereas Baht 13.20 million in 2016 decreasing Baht 5.4 million or 40.91 % decrease due to having only one service project whereas last year there were 3 service projects. Other Income The other income was

2 new investors in Pace Project One Co., Ltd. and Pace Project Three Co., Ltd., the Company engaged independent financial advisory firm to measure the fair values of investments in these 2

, Observation Deck, and MahaNakhon Cube which effected to the Company losses control in Pace Project One Co.,Ltd and Pace Project Three Co.,Ltd. Accordingly, the Company engaged independent financial advisory

, Observation Deck, and MahaNakhon Cube which effected to the Company losses control in Pace Project One Co., Ltd and Pace Project Three Co., Ltd. Accordingly, the Company engaged independent financial advisory

2018, the Company, Pace Project One Co., Ltd. (“PP1”), Pace Project Three Co., Ltd. (“PP3”), and a director entered into buyout agreement on disposal of assets in PP1 and PP3 in total of not exceeding to

one project affecting a reduction of income of Baht 20.51 million and the estimation of penalty charge of one project expected to be delayed affecting a reduction of income of Baht 2.56 million

transfer expenses) increase 25.06% as a result of the attempt to liquidate the inventory. Therefore, the net profit has decreased 1.30% from the same quarter of the previous year. There is one project

single house projects. Most of the single house projects were completed at the end of 2020. The income is recognized from one project completed in Q1/2021 i.e. Baan Lumpini Town Ville Ratchapruek-Pinklao

and the Project Crossroads Phase One. Administrative expenses The administrative expenses increased by 368.0% from the six months ended June 30, 2018 to THB 512.5 million for the six months ended June

same period of the year 2019. It consists of construction revenues in the amount of Baht 27.20 million and other revenues in the amount of Baht 0.13 million. It is a result from the only one construction