focus more on doing projects with the public sector has caused the company’s back logs to decrease by 47.57 million baht between the year ending December 31st, 2017 and December 31st, 2018. The reduction
and administrative expenses In Q3/2017, Mana Patanakarn Co., Ltd., the real estate development company, had sales & promotion expenses to boost sales of condominium projects “Aspen Condo” Phase A. As a
due largely to major public and private projects delays to Q2/2019 and Q3/2019; - Wholesales/Retails down 6% Y-O-Y mainly from a highly competitive environment and weak consumer spending; - Whilst
of that The Group were able to recognized revenue consistently, due to the completion of 20 projects in the year 2018, and another 3 newly completed project transferred on March 2019 (B-Loft Lite
%) because in the year 2019 there was waiting to deliver the area from owner of construction projects and waiting for the summary of additional works – reducing works. 2. Sales revenue of 2.62 million baht
was due to a decrease in revenue from housing projects by Baht 1,296 million or 46% decrease compared to the same period of 2018. Meanwhile, revenue from condominium projects increased by Baht 274
(loss): A slump in shares of profits by 390% from the same period of the previous year was solely due to a negative performance of Advance Power Conversion Company (APCON) whose projects had been delayed
performance of Advance Power Conversion Company (APCON) whose projects had been postponed to late 2018, as a result; a 23% drop for first half of this year. Excluding APCON, the profits sharing would be higher
subsidiary of the Company holding at 75% of shares, to signed a Share Purchase Agreement of Phu Khanh Solar Power Joint Stock Company ("PKS") and a contract for development of two solar power plant projects in
projects postponed to next quarters, Project sales up 5% Y-O-Y driven by the continued growth in construction industry and the expansion of new Shopping complexes; - Wholesales/Retails sales up 5% Y-O-Y