service came from leased spaces of warehouse/factory in Bangkok Free Trade Zone Project (by Prospect Development Co., Ltd.) increased significantly. Prospect’s revenue increased from THB 17 million per
Group was able to grow continuously revenue from rent and service business, which was recurring income, despite the negative impact on both economic and the COVID-19 pandemic. Revenue from rent and
estate market is explored in order to diversify business risk and boost recurring income. Apart from developing residential condominiums, the Company also provides real estate services and property
recognised non-recurring items comprising of 1) COMASS’s acquisition related expenses of THB 2mn and 2) Net gain from deferred tax adjustment of THB 4mn. As a result, net profit from operation increased by
26.9% TKS 285 326 (12.5)% TBSP 33 0.5 7,182% Non-recurring profit* 92 - 100% Non-recurring profit** - 213 (100)% Non-recurring loss A) - (212) 100% Non-recurring loss B) - (24) 100% Net profit for 2019
. Of which, THB 51.22 million was came from leasing space of warehouse/factory in Bangkok Free Trade Zone Project (by Prospect Development Co., Ltd.) and leasing apartment units of Park Court Project (by
year-end, we have a sizable order backlog for ERP implementation and good sales pipeline. The recurring and non-recurring income of HMCG : Table 3: The break down revenue by recurring & non-recurring
schemes, growing domestic consumption and tourism. Factors that may affect the Thai economy in 2019, to name a few, are the slowing global economic growth, the inconclusive trade war between the US and
schemes, growing domestic consumption and tourism. Factors that may affect the Thai economy in 2019, to name a few, are the slowing global economic growth, the inconclusive trade war between the US and
growth, the inconclusive trade war between the US and China, and concerns on foreign investment as the general election held in March 2019 has yet to reach an outcome. Having considered the above-mentioned