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
and Accrued construction cost. • Contract liabilities decreased by Baht (6) million because percentage of completion of engineering realize in accordance with billing amount. The group’s equity
increase of 1,032.9 million baht, or 104.2% compared on the same period from last year. Due to “The Group” were able to recognized revenue consistently, due to the completion of 4 projects in the year 2016
Expenses 659.4 75.1 1,595.3 64.5 935.9 141.9 Profit before share of loss from investments in joint ventures, finance cost and income tax expenses 218.6 24.9 878.4 35.5 659.8 301.9 Share of loss from
5,646 million or 92%. The Company had recorded the revenue from sales of the MahaNakhon- The Ritz Carlton residences Bangkok while in 2019 the Company is in the completion process of other property 3 | P
also made continuous progress with the asset enhancement initiatives, particularly with CentralWorld, which is on track for completion in 3Q18. Preparations are also made with the major renovation
of completion that mention in the part of revenue of construction contracts. Adminstrative expenses The Group’s administrative expense consists of all employee expenses, audit fee, training
of completion that mention in the part of revenue of construction contracts. Adminstrative expenses The Group’s administrative expense consists of all employee expenses, audit fee, training
1,407.24 Million Baht or up by 111.99%. This was mainly due to the Rich Park @ Triple Station project completion, the revenue can be recognized in 2018, which is the main income from the sale of real estate
purpose of project completion within the timeline and resulting in highest possible benefit to the Company. 5.3 Size of transaction : It is considered as the Transaction Category 4 - Assets or Services