follows: Remark: * In Q3 2017, there were 27 residences recognized revenue (54 residences in 2017, and 24 residences in 2016). The remaining residences are expected to be transferred by Q1 2018. MahaNakhon
cost has been decreased when it compared to the rate of decrease in revenue in Q4-2017, due in Q4-2017, there was additional allowance for doubtful account of overdue receivables and uncollected
, Ratchadapisek Road, Klongtoey Subdistrict, Klongtoey District, Bangkok, 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 water from the project. Based on the inspection, it was found that (1) there are new power plant
, resulting from the Company has increased distribution channels to export content that the Company only sold in Thailand in the past. Moreover, there was increased sales, mostly Indian and Philippines content
gross margin in first quarter of 2019 was at 42.4% decreased from 67.2%, because there was land transferred in this period which was from land repurchase from existing customer and re-sold to a new
. Highlights Health and safety: There were no lost time injuries in Q3 2018. We are committed to our ultimate objective of zero accidents Revenue: 303mTHB in Q3 2018 compared to 203mTHB in Q3 2017; 852mTHB
Project: The construction in progress of MahaSamutr Villas are 95% completed. In Q3 2018, there is no transfer of ownership of MahaSamutr Villa. The Company expects to be able to sell and transfer the
Thailand has continuously grown. In 2018, there were 38. 28 million foreign tourists, increased by 2.69 million tourists from the year 2017, accounting for 7.54%. The top number of tourists was from China
to the expansion of the electric train network to more outer city locations. In addition, this group of customers has the objective of buying for real residence and there is still fluctuation of demand