high liquidity. And the debt to equity ratio of the Group was at 0.10 times, the proportion of the liabilities was low.

group – one of the largest Japan’s property developer - to jointly invest in the residential project “EYSE Sukhumvit 43” – our first low-rise luxury condominium on Sukhumvit 43 road– value of Bt 1,931mn 2

the business risk and increase revenue from recurring business in the long- term. Real estate business of low-rise housing projects and condominium project remained the Company’ s main business. During

, resulted to a reclassification of Right-of-use assets under all leases (except short-term leases and leases of low-value assets) to presented seperately under the account name as “Right-of- use assets” which

% Management service 1.1% Other income 1.2% Hotel Property development Food and beverage Management service Revenue from property development operations through sales of residential projects in both low rise and

quarter of 2020 increased from 19% to 22% due to the proportion of revenue of a former large customer with a low gross margin tended to continually decline. Q1’ 2020 Q1’ 2019 Increase (decrease) Million

million as a result of collection of the receivables along with low receivable balance from decreasing in total revenue. 31-Mar 31-Dec 2020 2019 ล้านบาท % ASSETS Total Current Assets 1,507.60 1,879.09

. While Debt to Equity ratio of the Group and Interest Bearing Debt to Equity ratio was 0.88 times and 0.29 times, slightly decreased from last year ratio of 1.27 and 0.47, consequently, which is low risk

regulation issued under The Emergency Decree on Public Administration in Emergency Situations from the Coronavirus disease 2019 (COVID-19), and low spending season. Even though online sales channel have been

provinces, and 1 project overseas), 30 food centers, 7 office towers, 2 hotel properties, 12 residential project for sale comprise 9 high- rise residential projects and 3 low-rise residential projects. Table