ended 30 September 2019 totaled THB 177.37 million, an increase of THB 69.54 million or 64.49% from the same period of previous year. This was due to (1) Rise of the employee and executive expenses of THB
69% as compared to Q1 2017 of 1,761 million Baht. The significant decrease was mainly due to the transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon in Q1 2018 is only 6 residences which
. Page 3 of 6 Residential Business As the Company’s high-rise projects – namely ‘The ESSE Asoke’ (75% sales progress, tentative transfer in December 2018), ‘The ESSE at Singha Complex’ (91% sales progress
investment in 3 biomass power plant with total generating capacity of 26.9 MWs, by the disposal of ordinary shares in its three subsidiaries of UWC and the transfer of claims in relation to outstanding loans
target groups of customer. In 2017, the Company started developing premium single house projects. The residential property price in the market at the time had a tendency to rise, especially those located
accelerated the transfer of housing units to customers before the Bank of Thailand housing loan control measure (Loan-to-Value: LTV) became effective on April 1, 2019. Even though, the majority of MK customers
on process of transfer, 2 of which under development and 1 low-rise residential project for sale (totaling 71 units in all phase), which includes the properties transferred to CPN Retail Growth
margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW
. Exemption related to the fund includes value added tax, special business tax and stamp duty incurring from transfer of property into the fund with transfer back agreement or re-transfer to governmental