sales were totally realized in the current period, while unrealized sales accounted for approximately 2.6% in 2Q16. The Q-o-Q increase in revenue was primarily due to sales volume growth that was

as compared to last year and this was mainly due to the following: • The overall revenue from hotel operations which comprise of hotel, golf and retail operations increased by Baht 174 million over the

(“the Company”) reported consolidated revenues of Baht 389.3 million, decreased by 4.7% compared to the same quarter last year. Sales revenues reported at Baht 384.2 million, decreased by 4.4% mostly due

by 28.2%, majorly due to the Covid-19 pandemic situation causing lockdown in many countries that has majorly disrupted of tourism and hospitality industries. As a result, export sales decreased by 30.7

.  Administrative Expenses The Company and its subsidiaries had the admin expenses of 20. 5 MB in Q3/ 2019, which increased from Q3/2018 by 2. 0 MB or 10.9 percent ( 18. 5 MB in Q3/2018) due to the change on

at 31 December 2017, which was Baht 2,720 million. The change was due to the net profit for the period, the dividend payment to the shareholders and the share repurchase of the subsidiary. The

million, due to the appreciation of USD currency. (3) The share of profit from Fareast Renewable Development Pte. Ltd. (“FRD”), a joint venture investing in Asahan-1 Hydroelectric Power Project in the

improved from the previous quarter, due to demand for loans from large corporates and SMEs, especially in businesses related to exports and government construction contracts. Demand for loans from the

share-based payment transaction. In 1H17, administrative expenses were in the amount of Bath 72.14 million, an increase by Baht 17.21 million or 31.33% as compared to 1H16. Such increase was due to

decreased in Baht terms due to the Baht’s continued to strengthening against the USD in the period (Table 1, Y-o-Y effect of change in FX rates on sales was Bt214 million). USD Sales reached a new high of