total assets as of March 31, 2020 was THB 31,539.1 million increased from THB 2,377.5 million as of December 31, 2019. The increase was primarily attributable to the adoption of financial reporting

residential property as well as for a long-term investment. Before starting every project, we carefully selecte locations and requirement of our target buyers. Although overall economy is soft, the Company’s

period ended 31 March 2019 and 2020, the Company’ s interest expenses were Baht 445 and 581 million respectively, due to an increase in loan amounts to expand the company’s assets and use in an operation

were Baht 445 and 581 million respectively, due to an increase in loan amounts to expand the company’s assets and use in an operation in late 2019 Gain on sale of properties foreclosed For the three

the capital increase to increased the capital in the Land and Houses Bank Public Company Limited. Consequently, the bank's capital base on July 31, 2017 more than double or equal Baht 39,475.17 million

growth contributors are also anticipated to perform better especially private investment which will be backed by vigorous export expansion and investment by public sector. Increase in money injection from

Baht 2,080.0 million, or 17.0% from Baht 12,201.4 million as at 31 December 2019. The increase was mainly due to the adoption of TFRS 16 since 1 January 2020, which resulted in higher assets by Baht

are as follows: 1. The subscription of newly issued shares of Hero Experience will increase from 805,264 shares, or 30 percent of registered capital of the company, at Baht 335.29377 per share for the

management costs and increase efficiency in business management, including salary payroll, bulk payment for retail fund transfer to another bank, bill payment for products and services via the bank and direct

decelerated of marketing activities as well as a decrease in space of property expenses. For the fourth quarter of 2020, the consolidated operating and administrative expenses were 2,160 million baht