from previous quarter. These results in higher gross margins. 3.3 Selling expenses Selling expenses as increased at Baht 1.28 million or 18.13 per cent from the previous quarter, mainly from the

from Consumer Products was recorded increase of Baht 68 million or 11. 5 percent by the main result of increasing promotion activities and new products such as an increase of sale in product group of

As of 30 September 2019, the Company recorded a total backlog of THB 8,115.3mn, increasing by 1.3% from THB 8,012.4mn as at end of 2Q19. There was a decrease in backlog value of The Lofts Asoke and The

(up 272.7% YoY) largely as a result of the increase in total revenue and the EBITDA margin rose to 31.5% (2018; 13.0%) • Reported net profit of THB 1,867mn (up 394.9% YoY), from aforementioned higher

increased to THB 2,220.0mn from THB 2,193.2mn in 2018, in line with the increasing in sales. The costs of F&B business in 2019 decreased to THB 13.7mn, from THB 19.1mn in 2018 as the Company started F&B

renovated to be ready for sale to customers, resulting in higher costs. (3) Gain on Sales of Land and Structures Held for Future Development In 2018, The Company has gain on sales of land held for future

pastry is also expected to meet the needs of customers who love trying new and unique products. Emphasize on Increasing the Number of Pop-up Stores in Bangkok and Other Provinces The Company has been

consideration The listed securities consideration, whichever is higher between market price of listed securities NTA, will be selected for transaction’s size calculation. Total value of consideration = Value of

equivalent to 15 percent or higher, but lower than 50 percent in accordance with the Notifications on Acquisition or Disposal. As a result, the Company is required to disclose an information memorandum on the

objective basis to specific investors (Private Placement) for purpose of increasing the liquidity and supporting the expansion of the Company’s core business, as well as investing in various projects; and the