2018 was 2,612 MTHB, slightly increasing by 7 MTHB comparing to 2,605 MTHB at the end of 2017. Most of the receivables were not yet due. For the corresponding bad debt, the Company and its subsidiaries

effective in 2019. 2.2 The decrease gross profit margin in the remaining portion resulted from the Indirect costs, most of which are fixed costs, were not decreased in the same direction of Sales. Gross

6 months of this year. This caused most developers to delay launching new housing projects as well as speed up the sale of housing inventory. Unavoidably, these created price competitiveness among the

receivables at the end of 2019 was 2,332 MTHB, decreasing by 280 MTHB comparing to 2,612 MTHB at the end of 2018 due to decline of products’ selling price with good collection performance. Most of the

term L Short- et Managemen 31.71% fro d managem Profit mpany had nt gross pro tly lower tha as 76.32 m eriod last ye and Admin mpany had million baht, end of 2017 . Most of th ployee expe ary of Financ

of Baht 337.30 million. Administrative expenses increased of Baht 14.94 million (Most of the costs will be as staff salaries. Auditing fee and financial advisory fee) and financial expenses increased

(9.1%) 1. Revenue from sales and contract work 1.1 Turnkey Total Solutions decreased from the same period of prior year as a result of economic slowdown which impact most of projects to postpone their

order to accommodate business expansion. 3Q17 administrative expenses nevertheless increased merely 7% which was half of the 9-month period. It can imply that most of the increase was in the first half of

, complete and in compliance with rules and regulations of the supervising agencies as well as disclose complete information of the transactions to ensure that they are appropriate and most beneficial to the

baht, which was 52.9 million baht or 64.1% higher than 2016. Most of increasing expenses were employee remuneration increased as a result of new business expansion and Café Shop, advertising expenses and