. However, the genuine gross margin in the first quarter of 2018 was at 57.3 %. Industrial Development Business Q1 2017 Q1 2018 Increase/(Decrease) THB mm THB mm THB mm % Revenue - 416.2 416.2 n.a. Gross
public company limited ("the Company") and its subsidiaries intend to engage in horizontal and vertical real estate development business as industrial and commercial real estate for sale and lease of short
from sale of investment properties to WHABT in 2015, amounting of THB 2,100.6 mm. This is merely accounting impact, not related to cash flow from operation. Industrial Development Business Q1 2019 Q1
WHART was 39.0%. Industrial Development Business 2018 2019 Increase/ (Decrease) THB mm THB mm % Revenue 2,124.9 3,505.0 64.9% Gross Profit 1,066.4 1,777.2 66.7% Gross Profit Margin 50.2% 50.7% GPM before
Built-to-Suit and Ready-built facilities. Industrial Development Business Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 460.6 1,789.8 1,329.2 288.6% Gross Profit 116.5 949.2 832.7
acquired business according to the accounting standards under WHA level. Therefore, the genuine gross margin in 2018 was 51.4%. Industrial Development Business 2017 2018 Increase/(Decrease) THB mm THB mm THB
to HREIT of THB 1,259 mm during first quarter of 2018. Furthermore, the gross profit margin stood at 7.7% for the first 9 months of 2019. Industrial Development Business Q3 2018 Q3 2019 Increase
same period of last year. Industrial Development Business Q1 2018 Q1 2019 Increase/(Decrease) THB mm THB mm THB mm % Revenue 416.2 421.2 5.0 1.2% Gross Profit 181.6 186.8 5.2 2.9% Gross Profit Margin
corporation public company limited ("the Company") and its subsidiaries intend to engage in horizontal and vertical real estate development business as industrial and commercial real estate for sale and lease