1,694.9 1,520.4 Net Profit 2,544.5 3,038.7 -16.3% 2,240.1 +35.7% 17.9% 22.0% 18.0% The year 2017 was another challenging year for KCE when construction of the new Lat Krabang factory was completed, and
registered to be derivatives intermediaries; (6) a financial institution whose core business is under direct supervision of another regulatory agency and later obtained license to undertake securities business
companies. “Office” means the Office of the Securities and Exchange Commission. Clause 2. This Notification shall not apply to financial institutions whose core business is under direct supervision of another
business is under direct supervision of another regulatory agency and later obtained license to undertake securities business, provided that such regulatory agency has in place the requirements or practices
of that The Group were able to recognized revenue consistently, due to the completion of 20 projects in the year 2018, and another 3 newly completed project transferred on March 2019 (B-Loft Lite
projects in the year 2017, and another 1 newly completed project transferred on March 2018 (KnightsBridge Tiwanon), thus increasing The Group revenue recognitions even more. 2. Revenues from project
declined fixed cost per unit were another factors for gross margin improvement. Administrative Expenses In 1Q’18, administrative expenses increased by 35% yoy due to the increase of expenses namely
Group were able to recognized revenue consistently, due to the completion of 18 projects in the year 2017, and another 5 newly completed project transferred on March 2018 (KnightsBridge Tiwanon), and June
expanding through TV media and online channels. This is the core business of Shop Global (Thailand) Ltd. that the Company has invested in. And this will be another sales channel for expanding market and sales