Company. The water utilities business in Vietnam will create the growth to the Company and expand the investment base to foreign countries to serve the business expansion of the Company in foreign countries

-1 1 Ref. LPN/SorKor/053/2563 13rd February 2020 RE: Financial Statements Analysis Report 2019 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co., Ltd. would like to submit

economic activity in the second quarter of 2017 continued to expand, driven by export of goods which showed a high and more broad-based expansion and the tourism sector which continued to expand steadily

. The income from residential condominium development and sale is maintained at ten billion THB per annum. The growth of the development of single house projects is at least 50% of that of residential

ภาคผนวก 1 ภาคผนวก 1 กลุ่มประเทศ Organization for Economic Co-operation and Development (OECD) และประเทศท่ีมีฐานะการเงินเทียบเท่า ออสเตรเลีย เกาหลีใต ้ ออสเตรีย ลกัเซมเบิร์ก เบลเยยีม เมก็ซิโก แคนาดา

investment LPN made in the above real estate development project and the establishment of a joint- stock company is to bring about long-term business growth. It will generate more income for LPN as it is

a development project of tourist facilities on Emboodhoo Lagoon in the Republic of Maldives (“Crossroads”), by acquiring interests in a separated head lease, which covers three resorts and an

support business expansion and traveling and other expenses related to the study and development of renewable energy project overseas. However, unrealized loss from exchange rate incurred from an equipment

Development Company Limited. 5. Expected Benefit 1. Supporting the company’s policy to diversify in to Property Business 2. To enable continuous growth in the Company’s assets, profits, and cash flows. 6

the previous year mainly due to increases in administrative expenses to support business expansion, renewable energy project development expenses, and write-off of deposit and work in progress totaling