69% as compared to Q1 2017 of 1,761 million Baht. The significant decrease was mainly due to the transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon in Q1 2018 is only 6 residences which

expenses 294 176 68% Other expenses 4 3 25% Finance costs 249 237 5% Total expenses 7,663 5,818 32% Income (loss) before income tax expense 54.99 (160) -134% Income tax expense 2.43 4 -42% Income (loss) for

and the Ministry of Finance. 4) Conditions for Entry into the Transaction Under the Asset Sale and Purchase Agreement, Thai Oil will transfer ownership of the ERU Project to the Company or Subsidiary

Finance cost 97 86 11 13 298 257 41 16 Income tax expenses 67 226 (159) (70) 214 464 (250) (54) 1) Selling expenses in the third quarter and 9-month period of 2019 decreased by Baht 96 million and Baht 119

for respective projects till construction completion. Thereafter, such interest costs will be amortized as finance costs in the Statement of Income. Loans are repaid in installments upon unit transfer

% Revenue from finance lease under power purchase agreement 102.9 102.8 103.2 0.4% 0.3% 308.4 306.9 (0.5%) Revenue from construction under a concession arrangement 21.2 398.1 215.0 (46.0%) 914.2% 89.7 744.4

insecurities for sale amounted 9.7 million Baht and loss on impairment of real estate development costs amounted 15.7 million Baht in 2016 (6) Finance Costs Company had finance costs in year 2017 amounted 7.1

CMG revenues when goods are ready for transfer to customers (precisely after incubation period) and not when it has been transferred. This impacted the Company and its subsidiaries’ financial statement

recognize CMG revenues when goods are ready for transfer to customers (precisely after incubation period) and not when it has been transferred. This impacted the Company and its subsidiaries’ financial

-24.94 -28.17 Cost of services 7.99 5.79 2.20 38.00 Cost of sold - Administrative expenses 11.03 33.75 -22.72 -67.32 Finance cost 3.31 3.62 -0.31 -8.56 85.91 131.68 -45.77 -34.76 Loss Before Income Tax