687.43 Million Bath or down by 51.59% due to the reduce number transfer of condominium ownership revenue recognition than the year 2018. This enable the company to recognize the sales revenue. However

income recognition on the loan to SGAH. In summary, Q2 2019 performed better than Q2 2018, if not for unrealized loss on foreign currency exchange and non-recurring expenses of Baht 162 million. 1st half

disposition of the investment on August 21, 2020. • Decrease in Provision from Onerous Project Contract of Transmission and Telecommunication Towers in the amount of THB 64.69 million due to recognition of

products, especially products which started selling in 2017 and had full recognition in 2018. The product category with highest revenue increased was facial skincare products with its revenue increased

recorded financial cost of THB 23.1mn, a decreasing of THB1.8mn or 7.4% YoY from THB25.0mn in 1Q17. This was due to 1) the recognition of the cost of interest for 2 projectscontinued developing from 2017

. In addition, the new winning projects had decreased. Investments in joint ventures decreased by 17.6 MB or decrease of 17.2%, due to the recognition of share of loss from joint venture ‘s performance

in prepaid maintenance expenses, which those had decreased with the period of service. Investments in joint ventures decreased by 25.4 MB or decrease of 24.8%, due to the recognition of share of loss

of projects pending income recognition increased 347.15 million THB or 40.50%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased

revenue from condominium sales of 797.40 Million Bath, which is decrease by 1,430.16 Million Bath or down by 64.20% due to the reduce number transfer of condominium ownership revenue recognition than the

the same period of the previous year. Gross profit margin for the third quarter of 2019 was increased from 22% to 28%. This is because the project revenue recognition in this year has lower value than