, Provision for long-term employee benefits of the year 2019 increased. Shareholders’ Equity As at December 31, 2019, the Company's Shareholders' equity equal to 2,885.9 MB, an increase of 141.2 MB from the

abilities and ank overdraf rade and oth hort-term loa ong-term loa ortion ebentures - n Discussion and c Company Lim million baht rom debt co d Administr pany incurr al to 466.2 hen compa employee s nd

(484.86) (13.62) 2 Total Liabilities 1,600.54 1,662.64 (62.10) (3.74) 3 Total Equity 1,475.81 1,898.57 (422.76) (22.27) 2.1 Assets As of December 31, 2018, the company and its subsidiaries had total assets

817 million baht, a decrease of 111 million baht or 12% from last year. Therefore, if excluding the expenses of provision for employee’ retirement benefits, loss on impairment of assets in the fourth

the Period - The Company’s Equity (0.73) (6.33) (5.60) (88.47%) - Non-controlling Interest 0.63 0.03 0.60 2,000.00% Management's Discussion and Analysis and operating results for the Quarter 1’ 2019

compared to the same period of 2018. This was mainly due to an increase in employee benefit provision of Baht 46 million, based on the Labor Protection Act (Issue 7) B.E. 2562 with an increase in rate of

higher employee benefits together with the increase in the number of staff to serve the business expansion.  The finance costs during 2019 was THB 986.4 mm, which decreased by 16.4%, compared to the same

YoY Q2/20 Q2/19 Amount % Q2/20 Q2/19 Amount % Employee expense 5.51 6.62 (1.11) (16.77) 12.77 12.61 0.16 1.27 Depreciation and amortization 0.40 0.25 0.15 57.48 0.81 0.53 0.27 50.83 Depreciation

44.96 15.25 27.67 10.35 67.87 Income tax expenses 4.57 8.02 3.39 6.15 1.18 34.85 Profit for the period 21.04 36.93 11.86 21.52 9.17 77.30 Profit for equity holders of the Company 21.07 36.98 11.89 21.57

results table, man-power (salaries and other employee benefits) which mainly will be in line with the increase of real estate development. 3. Administrative expenses, in the period of 2016 and 2017 amount