Expenses: YoY 40 46 Q1/22 Q1/23 19.9% 17.2% 15% Administrative expenses mainly consist of salaries of head office employees, maintenance expenses, consulting and professional fees, depreciation and

consumables, office supplies, utilities expenses, repair and maintenance fee, bank fees and property tax corresponding to the expansion of the business. • Administrative Expenses to Total Revenue in 9M/2023 was

supplies, utilities expenses, repair and maintenance fee, bank fees and property tax. • Administrative Expenses to Total Revenue in 2023 was 16.5%, improved from 17.3% in 2022 due to the increase in sales

property by considering on the proper location in one-connecting land with convenient transportation and is close to Rama 3 Road. There is a future project to increase value added of the assets by having the

เปนมาและพัฒนาการที่สําคัญ B. Business overview ภาพรวมการประกอบธุรกิจ C. Organization Structure โครงสรางบริษัท D. Property, Plants and Equipment ทรัพยสินท่ีใชในการประกอบธุรกิจ V. OPERATING AND

promotion – and clarify the respective rights thereof as well. In the event that the Company or a subsidiary undertakes a property development business, clarify the characteristics of each ongoing significant

company or who is related to securities business as follows: (Translation) -2- (a) director, manager or any person who has power of management in a securities company; (b) fund manager; (c) property fund

suitability for investment and the relevant risk exposure. If you are in any doubt as to the action you should take, you should consult your legal, financial, tax, or other professional adviser. A copy of this

DEVELOPMENT PUBLIC COMPANY LIMITED APPLICAD PUBLIC COMPANY LIMITED APPLIED DB PUBLIC COMPANY LIMITED AQUA CORPORATION PUBLIC COMPANY LIMITED AREEYA PROPERTY PUBLIC COMPANY LIMITED ARINSIRI LAND PUBLIC COMPANY

administrative expenses mostly consist of professional fees and IT services expenses. Finance Costs Finance costs consist of lease payments under the sub-lease agreement from the Samui Property Fund (SPF) for