% was the income recognition of the projects completed at the end of 2016. The Company launched 11 projects in 2017 with the combined value of 14,000 million THB. As of 31st December 2017, the backlog of
or 6.70%. In Q3/2017, none of the projects will be completed and handed over. It will be the income recognition of the projects that are completed in the previous period. The Company has launched one
statements The net profit and net profit margin of the Company and subsidiary companies decrease 5.34% and 0.81% respectively. The income recognition of three projects completed in Q1/2018 accounts for 32% of
282.3% compared to last year. The increase was mainly due to the consolidation of the acquired hotel business in Europe, full year recognition of rental income from 33 Gracechurch Street office building
Limited due to competitors introducing similar model into the Thai Market since Q3 2019 2. Stopped interest income recognition on the loan to SGAH since Q2 2019 3. Loss on change in status of investment in
of projects pending income recognition increased 347.15 million THB or 40.50%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased
income recognition on the loan to SGAH. In summary, Q2 2019 performed better than Q2 2018, if not for unrealized loss on foreign currency exchange and non-recurring expenses of Baht 162 million. 1st half
service cost as an expense in statement of comprehensive income due to the recognition of additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or
quarter of last year. The net profit before tax increased by 4.4 percent from the quarter 3/2017. However, there is a tax effected from other income recognition in the case of a penalty to the Customs
completed revenue recognition in MARQUE Sukhumvit project. - Rental and services income in Q3/2017 amounted 23.59 million baht increased by 7.81 million baht or 49.49% from 15.78 million baht in Q3/2016 from