million THB. The main reasons are as follows: 1. The deposit for a plot of land in Chaengwattana Soi 17 for the development of a future project is paid. 2. Projects under development and inventory increase
property development and an increase in Investment in joint-venture. Likewise, total liabilities grew by Bt5,598mn, or 37% from end of FY2016. This was a compound effect of the following transactions: a
THB. It is mainly because the loan from financial institutions for project development and operation increase 956.73 million THB or 12.52% i.e. from 7.64102 billion THB to 8.59775 billion THB. As a
line with the increase of real estate development. 3. Project management and overhead expenses, in the period for 6 months ended June 30, 2016 and 2017, accumulated amount of 64.5 million baht and 99.0
acquired business according to the accounting standards under WHA level. Therefore, the genuine gross margin in 2018 was 51.4%. Industrial Development Business 2017 2018 Increase/(Decrease) THB mm THB mm THB
WHART was 39.0%. Industrial Development Business 2018 2019 Increase/ (Decrease) THB mm THB mm % Revenue 2,124.9 3,505.0 64.9% Gross Profit 1,066.4 1,777.2 66.7% Gross Profit Margin 50.2% 50.7% GPM before
the third quarter and 9 months ended September 30, 2017, accumulated amount of 267.1 million baht. Due to an increase of investments in joint ventures with Nomura Real Estate Development Co.,Ltd, one of
, in the period of 2017, accumulated amount of 641.0 million baht. Due to an increase of investments in joint ventures. (With“Nomura Real Estate Development” (NRED) – one of world’s leading real estate
THB 16.94 million or 5.60% from the end of year 2017 mainly due to increase in renewable energy development projects in progress and cash from operation and a decrease in PPE from depreciation of the
salary, welfare, cost of depreciation, other managing fees, etc. which is in line with the increase of real estate development projects mentioned above. หน้า 4 ของ 5 III Share of loss from investments in