.2535 (1992), as well as a disposal of assets of the Company pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions

% 101,512 -94% Margin 1% -6% -1% 12% 2 (Unit : Thousand Baht) Separate F/S Q3/2018 Q3/2017 Δ% Q2/2018 Δ% Q1/2018 Δ% Revenues from sales and services 414,176 417,985 -1% 380,650 9% 320,648 29% Interest income

the financial statements in 2019 of the Company and subsidiary companies as well as the performance report as follows: L.P.N. Development Public Co., Ltd. and subsidiary companies provide a complete

Financial Statement Separate Financial Statement Q1/2020 Q1/2019 %Variance Q1/2020 Q1/2019 %Variance 1. Gross income (million THB) 1,850.28 2,819.41 (34.37%) 1,345.14 2,132.04 (36.91%) 2. Gross profit from

affordable price. The Company has established the three-year strategic plan during 2022-2024 for the organization to achieve sustainable income growth rate and profitability as well as income and profit growth

and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been

the previous year due to continue an increase of export and private consumption, as well as an expansion of private investment. In addition, there were supporting factors from domestic demand from the

incomes from gain on sales of written-off receivables at the amount of 299 million baht in this quarter as well. Expenses The Company’s expenses mainly consist of operating and administrative expenses

the separate financial statements Baht (22.01) million Baht 118.00 million 3. Management Discussion and Analysis 3.1 Sales and service income in 2017 has increased by Baht 526.45 million or 134.09

Baht) Separate financial statements 2018 2017 % Change Sales and Service Income 1,940.22 1,979.16 (1.97) Cost of Sales and Services 1,572.51 1,525.25 3.10 Selling and Administrative Expenses 218.91