transfer,causing the project interest to be booked as a financing cost rather than in the cost of real estate sales as before. Net Profit The Company's net profit for year 2017 was 132.92 Million Baht, or

, 2020. To : The President and Governing Members of The Stock Exchange Market of Thailand For the first quarter of 2020, Real estate transfer activities of condominium and house totaled 3,393.9 million

Unit: Million Baht million baht % million baht % million baht % Revenue from sales of real estate 238.90 98.68 238.90 98.39 169.60 97.98 69.30 40.86 Other income 3.19 1.32 3.92 1.61 3.49 2.02 0.43 12.32

mainly due to more ready-to- move-in projects in the company which caused the interests to be booked as a financing cost rather than in the cost of real estate sales. Net Profit In the third quarter of

sales of real estate 1 8,717.30 10,187.25 (14.43%) Note 1 The details of the income in 2019 are as follows: 1. 44% derived from ready-to-move-in projects completed in 2018 i.e. 21% from residential

the 9-month period ended 30 September 2019 30 September 2018 Change Millions of THB % Millions of THB % Millions of THB % Revenue from sale of real estate 1,003.47 91.27% 1,501.95 96.98% (498.48) (33.19

. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross

real estate development and service business. The Company has developed premium housing projects in central business area to open up new business opportunities. Moreover, the opportunity in rental real

companies operate real estate business and provide full real estate services. Since 2017, the projects developed i.e. residential condominiums and single houses have been remodeled to serve the needs of all

from prior year by Baht 6.3 million or 71% due following to: Description 2Q2019 Million Baht 2Q2018 Million Baht Change Million Baht Change (%) Revenue from real estate segment - - - - Revenue from E