-28.49 respectively. Quarter 3 years does not have a cost of service while the year 2018 the company has a cost of sales in the amount of 2.33 million baht. Administrative expenses The third quarter of

golf course and property management were in the same level. Even though, revenues were not significant but growth rates were satisfactory. (2) In this quarter, the Company recorded total costs and

of sales for each product group. In addition, the Baht appreciation affected to lower in cost but it’s not material. Gross profit margin more than the same period of last year by Baht 65.63 million

receivables were not yet due. For the corresponding bad debt, the Company and its subsidiary had already set sufficient provision. 3. The Company and its subsidiary had net inventories at the end of 2019

Baht 8.70 million which decreased from previous year, mainly due to sales was not achieve the target . The company focuses on the sustainable growth, thus, set up a strategy to support the business

expense since the Company and its subsidiaries had higher number of complete condominium projects compared to the same period of 2018. As a result, this interest expense could not be capitalized as part of

Philippines still do not have enough order to optimize production, the company had continuously reduce working time and production hours to reduce costs respective too the decline in production. In the Tooling

dividend income of Baht 24.07 million since BBF had not paid dividend of 2018 and decrease of interest income (financing composition separation from revenue from sales). 4. Finance cost decreased Baht 1 8 .3

was not much different from those of 2016 as they were in term of short-term liabilities. The major liabilities were short-term loans from financial institutions, bank overdrafts, and trade accounts

directors who have conflict of interest did not join and vote for this agenda Opinion of the Board of director and Audit Committee The connected transactions of the Company are reasonable in the normal course