, compared to that of 1,451 million Baht in the year 2017. 3.2 The Net Asset Value (NAV) as of 31 March 2018 was 58,802.15 million Baht, equivalent to 10.6913 Baht per unit and yield of 8%. Please be informed

trade and other payables. The total shareholders’ equity amounted to 3,6 6 7 .0 6 million baht, increased by 70.76 million baht. This represented the Company’s book value per share at 18.34 and D/E ratio

was 5,846 million Baht, compared to that of 5,803 million Baht in the year 2017. 3.2 The Net Asset Value (NAV) as of 31 December 2018 was 58,904.67 million Baht, equivalent to 10.7099 Baht per unit

comparing to September 30, 2018. These represented the Company’s book value per share at 17.91 and debt to equity ratio (D/E ratio) at 0.35 times. Cash Flow As at September 30, 2019, the Company had cash

total revenue generated in the second quarter of the year 2017 was 1,451 million Baht, increasing by 8%, compared to the second quarter of the year 2016. 3.2 The Net Asset Value (NAV) as of 30 June 2017

increased as the asset value in The Studio Park project increased. - The total liability stood at Baht 615.08 million, up by Baht 166.61 million or 37.15%. The increase was due to the net long-term loans from

by Baht 28.82 million or 4.64 % compare with the same period of 2016. The main reason was due to the decrease in Company’s average daily turnover value from Baht 4,621 million to Baht 4,480 million, 2

the rate of such remuneration for hotel advisor services and any other details as Chief Executive Officer deem appropriated. 2 Value of connected transactions : The remuneration is based on 2% of total

total revenue generated in the third quarter of the year 2017 was 1,450.20 million Baht, increasing by 4.99%, compared to the third quarter of the year 2016. 2/2 3.2 The Net Asset Value (NAV) as of 30

same period of the year 2016, as a result of unrealized loss from adjustment of fair value of investments and legal expenses. For nine-month period, the total administrative expense decreases in the