malls and also the OEM products increased. -2- Revenues Classified by Distribution Channels 3rd Quarter 2018 3rd Quarter 2017 Variation THB % Domestic Restaurant and Bakery Business 1,690 1,615 75 4.7

million baht, mainly due to changes in the fair value of marketable securities  The asset to be disposed group classified as held for sale of power plant business decreased by 1,132.71 million baht due to

as sales. Although the Company will has been better administration for cost of sales and control expenses than previous year, as a result to revenue recognition and gross profit was decrease. Net

increasing from 4.79% in 2018 to 12.76% in 2019. The loss incurred is due to the recognition of gross loss from the construction business; higher administration cost to support the expansion of construction

. which is held 51% by the Company starts to recognize revenue. 1.3) Revenue from Real Estate Development increase THB 80.79 million due to starting of revenue recognition of the subsidiary. 1.4) Revenue

loss of revenue recognition from design engineering. 2. Cost of contract work In the first quarter of 2019, the Company and its subsidiaries had cost of contract work amount of 120.28 million Baht, the

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

last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business activities

result of new branch opening at The Mall Bangkapi in October 2018, resulting in the growth in this quarter revenue recognition compared to last year. Moreover, the group has opened a new branch at Central

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