together with the transfer of ownership of Lands and Buildings registration to Chote Pittayachai 3 Co., Ltd. at the authorized Land Office on 23 August 2019 The transaction mentioned above is considered as
Revenue from sales of real estate comprises the transfer of ownership in residential units to customers, which CPN began to record the sales from 2018 onwards. In 2018, revenue from sales stood at THB 2,762
with the increase of successful ownership transfers from 9 completed developments and including additional incomes from (sold units) deposits due to an increase of units that were unable to transfer
year because of the increased number of condominium units handover and ownership transfer. Important numbers in the financial statements 2018 and 2017 Table 1: Profit/Loss Statement 2018 and 2017 Numbers
5.38 1.16% 7.22 5.67 1.55% 7. Expenses on sales (excluding ownership transfer) (milion THB) 66.39 37.38 77.61% 57.60 27.48 109.61% (%) 2.90 1.59 1.31% 3.12 1.48 1.64% 8. Expenses on management (milion
million or 48.75%. Income from ownership transfer of housing and condominium units to customers from Mana Patanakarn Co., Ltd., a subsidiary company that operates real estate development business, decreased
Loan at the time of such ownership transfer shall be still in the limit of THB 315,000,000. After obtaining approval from the Board of Director of the Company, the Subsidiary will enter into the
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ready for transfer in the second half of 2019 onwards. Diversification into Mixed-use Development Projects CPN sees the potential in mixed-use development projects, which consist of residential projects