(98.40) (19.67%) At the year ended of 2018, company and subsidiaries had less total assets than last year 2017 at Baht 38.45 million or 3.17 %, which consisting of Costs of real estate development projects
companies. The company had the mutual funds under management consisting of: - Property fund and Real estate investment trust with a value of Baht 32,384.8 million - Fixed income fund with a value of Baht
business management of mutual fund, property fund, real estate investment trust, provident fund and private fund. Overview of Fund Management Business In the third quarter of 2019, total net asset value of
liabilities, (vii) an increase in other non-current assets and (viii) an increase in real estate projects under development. After deducting cash paid for interest expenses, cash paid for income tax and cash
payables being offset by (ii) an increase in other current assets, (iii) a decrease in other current liabilities, (iv) an increase in trade and other receivables and (v) and increase in real estate projects
to 60.9% of Q1/2018. 1.2.2 Administrative Expenses In Q1/2019, administrative expenses were of Bt148.3 million, increased by Bt17.1 million or 13.0%(y-o-y), mainly due to the real estate tax paid
operating the NPL management business that has invested in NPLs in the past 9 months. Moreover, the cost of real estate development in subsidiaries increased in condominium projects that are being developed
Company Limited Land and Houses Fund Management Company Limited run a business to manage mutual fund, property fund, real estate investment trust, provident fund and private fund. Overview of Fund