club memberships and two property sales projects namely Cassia Phuket and Laguna Park which were lower when compared to the same period last year. At the time of this report, there is a total of Baht

last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business activities

. Interest expense projects had been stopped for cost recognition when the first unit was transferred. Please be informed accordingly. Yours truly, (Mr. Surasak Mandaeng) Chief Financial Officer

majority of these projects delivered within/before June-July. And another reason is a one- time charge of 13 million Baht to adjust the retirement benefits in accordance with the latest changes in Labor

baht or (36.71% ) because in the year 2019 there was waiting to deliver the area from owner of construction projects and the revenue from sales is 3.36 million baht compared to the year 2018, 1.27

of last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business

loss from set up the impairment of asset and reduce the value of product and other projects total 204.65 million baht The overall operating results for the three-months period of year 2019 compare to the

of license income and implementation fee from projects in Thailand and Malaysia, as well as growth in outsourcing recurring income. Revenues from financial solutions decreased by THB 3.21 million or

HR solutions. HR solutions grew by THB 26.27 million or 15.04% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, moderate growth in

and the sale of holiday club memberships increased by Baht 255 million. The difference is largely attributed to the revenue recognition of property sales projects namely Cassia Phuket, Laguna Residences