lower-middle income earners to lower-middle to upper ones but the affordable price strategy is still retained. Secondly, the brand image is to be developed together with the market segmentation. Thirdly
of the previous year with net income of Baht 85.60 million. The Baht 154.36 million of net profit or 180% decreased mainly from allowance for impairment loss in investment of Solaris Asset Management
P a g e 1 | 7 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets
period of the second quarter ended 30 September 2017, for your information and publication. According to the Company’s second quarter income statements ended 30 September 2017, the Company and its
million for 2016 with increased largely from personnel expenses. Cost-to-income ratio excluding loss from sale of foreclosed assets and loss from revaluations stood at 48.2% for the year 2017. Bad debts and
) (75.17) Other income 6.52 2.57 4.61 0.46 15.04 5.74 8.10 0.81 1.91 41.43 Total income 253.31 100.00 998.59 100.00 261.83 100.00 1,002.08 100.00 (745.28) (74.63) Cost of real estate sales 149.05 60.40
heart of the city once again in 2017 and the feedback was positive. The first three projects will be completed at the end of Q3 and Q4 this year with the combined value of 5,400 million THB. The units
ended 30 September 2018, which net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 30 September 2018 30 September 2017 Increased
901.89 98.75 (742.61) (82.34) Other income 13.67 7.90 7.88 0.87 16.73 9.51 11.39 1.25 5.79 73.48 Total income 172.95 100.00 909.77 100.00 176.01 100.00 913.28 100.00 (736.82) (80.99) Cost of real estate