HIGHLIGHTS • Total revenue increased by 51.9% and 25.7% during 3 months and 6 months ended the second quarter of 2019, respectively, mainly from increase in revenue from sale of investment properties and
(8,363 rooms) under the Company’s management at the end of 2019. As for Elite Havens, the number of properties under its management has increased to a total of 270 luxury villas (1,117 rooms). The Company
stimulus policies worth Baht 464 billion to support domestic spending, the property market and grassroots economy. Meanwhile, tourist arrivals rose by 4.2 percent, softening from 7.3 percent in 2018. A
large infrastructure projects will continue to support the economic growth and help bolster private investment recovery going forward. Nevertheless, monetary policies in the US and Europe necessitate
support the upcoming businesses, the increase in rental expense from moving to the temporary office (previously, office was owned by the Company), the decrease in share of result in investment in DREIT, the
and services increased by 5.8%, mainly from continuously increase in occupied area of ready-built factories and warehouses. • Revenue and share of profit from sale of investment properties was THB
26.1%. • Normalized Rental Revenue increased by 26.9% to THB 285.9 mm, mainly due to increase in lettable area for both logistics and industrial properties. • Revenue from industrial land sale was THB