2018 and 2019, the Group’s total revenue increased from THB 1,469.3 Mn to THB 1,495.7 Mn respectively, an increase of THB 26.4 Mn or 1.8%. This was mainly due to increased revenue from sales and service
shrinking of the export sector due to lower demand from overseas trading partners. In addition, this has negatively impacted local economic activity, particularly consumption and investment in the private
26.1%. • Normalized Rental Revenue increased by 26.9% to THB 285.9 mm, mainly due to increase in lettable area for both logistics and industrial properties. • Revenue from industrial land sale was THB
recognized in Q1/2020 was THB 0.47 million Management Discussion & Analysis Q1/2020 • Revenue from Dessert Café in Q1/2020 was THB 204 million which decreased by THB 62 million or 23% from Q1/2019 due to lower
success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this
as follows: 1) Sales of real estate: Sales of real estate in the first quarter of 2018 decreased by Baht 206 million or 7% decrease compared to that in the same period in 2017. Such decrease is due to
for 2018 equal to 565.9 million baht more than 2017 at 0.9%. This was due to an increasing of cost of food and beverage and property and land which higher than last year of 114.6 million Baht. The
estate development projects but due to the feasibility study of the project, the Company considered that the development of the project on such land is costly and not cost effective. The Company, therefore
business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this business has low gross profit