295.9 million, a 57.8% decrease from Baht 700.8 million in 2Q2017. The decrease was primarily caused by Foreign Exchange Loss of Baht (315.3) million despite a 26.6% increase of Gross Profit from

of THB 433 million and THB 311 million for 3 rd Quarter 2019 and 2018, respectively. This is primarily due to:  Revenue from sales and cost of goods sold The total sales volumes and total production

2018. The decrease was primarily attributed to 1) THB  287.9mn decrease in project development cost after the completion and started of unit transferred of The Lofts Asoke project net of 3 new projects

from total asset of THB 14,376.4mn as of 31 December 2018. The decrease was primarily attributed to 1) the decrease in leasehold right net of investment in joint venture increased THB 93.8mn due to the

primarily due to: • Revenue from sales and cost of goods sold The total sales volumes reduced from last year quarter by 4% and average HRC selling price reduced from last year quarter by 17% mainly due to the

Basecamp Brews Ltd. As of 31 March 2020, the Company had total liabilities of THB 9,510 million, an increase of THB 3,209 million (or +50.9%) from 31 December 2019 primarily from higher payables from the

. This was primarily because tax expenses related to transference dropped in accordance with a decrease of transfer value. Administrative Expenses Administrative expenses mainly comprise of back office

preparation for the new beverage factory in Myanmar. As of 30 June 2020, the Company had total liabilities of THB 7,921 million, an increase of THB 1,620 million (or +25.7%) from 31 December 2019 primarily from

2Q20, the Company reported selling expenses amounted to THB 174m, a drop of 40% YoY and in 1H20, selling expenses was THB 452m, a decline of 24% YoY. This decrease was primarily because of a drop in tax

seasonality of the quarter with no flagship devices releases coupled with a slow recovery of consumer purchasing power. Handset margins recorded at 1.2%, primarily due to a higher proportion of low-margin