% was the income recognition of the projects completed at the end of 2016. The Company launched 11 projects in 2017 with the combined value of 14,000 million THB. As of 31st December 2017, the backlog of

Limited due to competitors introducing similar model into the Thai Market since Q3 2019 2. Stopped interest income recognition on the loan to SGAH since Q2 2019 3. Loss on change in status of investment in

ฮ่องกงแห่งสาธารณรัฐประชาชนจีนและไทย (Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's Republic of China and Thailand (HK-TH MRF)) “หน่วยของโครงการจดัการลงทุน

from revenue recognition by % of completion of projects which were hired on 2016 – 2017 together new projects awarded on 2018 of 11 projects. The portion of each segment revenue of 2017 – 2018 as follows

reduction of 3.0% Q-o-Q and 9.5% Y-o-Y, while sales revenue in USD terms grew by 1.0% Q-o-Q but declined by 8.9% Y-o-Y. The lower revenue recognition in Baht terms was due to the strengthening Thai baht

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of 160.80 million baht vary by amount of projects that the company has delivered to the customer thus there is recognition of all remaining expenses of closed 4 projects in accordance to purchasing

176.19 Million Baht as revenue recognition was more than billing amount. - Purchase of tools and equipment for construction service and testing and inspection service business amounting of 24.43 Million

receivables from Construction service increased 264.67 Million Baht as revenue recognition was more than billing amount. - Purchase of tools and equipment for construction service and testing and inspection

687.43 Million Bath or down by 51.59% due to the reduce number transfer of condominium ownership revenue recognition than the year 2018. This enable the company to recognize the sales revenue. However