project in Q1 2018. Financial Solutions also registered a reduction in non-recurring income of 5.37mb or -54.6% as many EPR projects are in its early stages. We expect the non-recurring revenue to pick up

last year as follows: Statement of Comprehensive Income (Unit : Million Baht) Details 31 Mar 2019 31 Dec 2018 Increased (Decreased) % (%) Revenues from construction contracts 414.34 374.54 39.80 10.63

distribution to boost the ratio of regular income and match the needs of the customers who would like to have a home but have not made a decision to buy one. The emphasis has been put on university students

quarter of 2020 were Baht 177 million, a decrease of 17 percent compared to the third quarter of the previous year, mainly due to a decrease in the market share of the Company. 1.2 Fee and Service income

% 76.82 15.97% 38.10 49.59 Other income 10.29 1.59% 2.06 0.43% 8.23 400.34 Expenses of sales 6.89 1.07% 8.06 1.68% -1.17 -14.46 Expenses of management 62.69 9.70% 55.23 11.48% 7.46 13.50 Expenses of

Total Revenues 4,432 4,888 -455 -9.32% Sales and service income 4,244 4,747 -503 -10.60% Gains on Exchange rate 108 52 56 107.01% Other Income 80 88 -8 -9.09% Cost of Sales and Services 3,848 4,214 -366

) Occupancy rate (%) 62.3% 61.8% 0.5% Room revenue 317,603 298,976 6.2% Food and beverage revenue 280,547 261,291 7.4% Other revenues 92,138 94,742 (2.7%) Hotel income 690,288 655,009 5.4% Cost of sales and

Yai and Chachoengsao branch). Industry Overview The retail industry in 2018 is expected to grow but at moderate level since the purchasing power of middle and low income consumers, who are the main

Discussion and Analysis Performance for the Period Ended December 31, 2018 Statement of Comprehensive Income 2018 2017 Change (Million Baht) (Million Baht) (%) Sales 2,020.63 2,147.64 (5.91) Foreign exchange

6.4 million baht or an decreased by 3.3%. The primary reasons for the Company’s incurred a net loss were the rental and services income and sale promotion revenues declined. And the cost of rental and