service income and the trading income which was recognized for the first time in year 2018. 9 Months 9 Months 2018 2017 Change % Change Revenue 1,233.10 1,111.90 121.20 11% Cost 1,117.51 941.45 Gross profit

recognized revenue (94 residences in 2017, 24 residences in 2016). The remaining residences are expected to be transferred in 2018. According to the value of the developing projects, it shows that the net

Ramkhamhaeng”, Which transferred 1,441.3 million baht, recognized the joint venture profit over 141.3 million baht (According to the proportion of holding 51%). PAGE 7 IV Finance Costs Comprising interests from

60.3mn, an increase of THB 9.3mn, or 18.2% YoY from THB 51.0mn in Q1/2019. It was mainly due to the loan interest expense for the Lofts Silom project was recognized as financial cost after the construction

% and 32.69% of total assets respectively. Current liabilities included Current Portion of Unearned Revenue (bill and collected in advance) which will be recognized within 1 year, Trade Payables, Other

will be recorded as unearned income in S’s consolidated financial statement and recognized as revenue over 30 years start in Q1’2019. In the meantime, S has invested in 20% shareholding in SPRIME

customer payment term. o Unbilled receivables totaling of Baht 426.99 Million. Increased of Baht 153.27 Million from last year. The main reason is revenue recognized were greater than milestone payment of

greater than investment value previously recognized as loss of the Company in the consolidated financial statements for the past periods. 3. Selling and administrative expenses increased by 29.79 million

1st 2020. All operating lease contracts, with limited exceptions, were recognized on the balance sheet by recognizing right-of-use assets and corresponding lease liabilities at the transition date. In

the supervision of an internationally recognized audit regulator, in compliance with the rules under Clause 7; (2) being in cases other than (1) subject to the provisions under Clause 8. Clause 7 A