from starting transferred 16 units of Veranda Residence Hua Hin project in Q1/2020 which accounted for 7.8 % of the project value. • Revenue from hotel operations decreased by 135 million baht or

property development operations as second quarter of 2018 was transferred 44 units of residence units while in the second quarter of 2 0 1 9 was transferred 17 units with revenue from property development

mainly due to Veranda Residence Hua-Hin ownership transferred and also growth of revenue from sales of food and beverage business due to acquisition of Gram pancackes and Pablo Cheesetart during Q4/2019

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