, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz- Carlton Residences, Bangkok (“RCR”) of 1,360 Million

, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz-Carlton Residences, Bangkok (“RCR”) of 1,360 Million

of last year, but revenue from the property rental business increased from the same period of last year. Details are as follows: Second quarter (Unit: Million Baht) 2019 2018 Change Change (%) Sales of

2018 with net loss of 1,102 million Baht as a result of disposal of asset a total of 422 million Baht. While no further revenue recognition from the property development business were presence in the

3Q 2018 REVENUE GROWTH CONTRIBUTION In 3Q 2018, the hospitality segment contributed the lion’s share of total revenue at 89.7%, followed by others (including property management revenue) at 6.1% and

, the hospitality segment contributed the lion’s share of total revenue at 86.9%, followed by others (including property management revenue) at 9.9% and the office segment at 3.2%. Total revenue derived

revenue from the property management and cleaning services which was in line with the increase of successful ownership transfers from 6 completed developments and including additional incomes from (sold

of 270 million Baht or 9% as compared to 2017. This comprises of (1) gross profit from property business of 1,461 million Baht (24% of total revenue from property business), a decrease of 12 million

of 270 million Baht or 9% as compared to 2017. This comprises of (1) gross profit from property business of 1,461 million Baht (24% of total revenue from property business), a decrease 12 million Baht

the same period of last year, but revenue from the property rental business increased from the same period of last year. Details are as follows: (Unit: Million Baht) Third quarter 9-month period 2019