payment on the transferring date, June 5, 2019. The proceeds from the sale will be used to improve working capital, increase liquidity and reduce the financial burden. The selling of these land titles is a
including ready to move approximately 3,689.4 million baht. The quarter 2/2020, The Group focuses on ready to move projects which will gradually recognize revenue within this year. In 2020, The Group has
improve the sales and ownership transfer volume of the Company. In 2019, the net profit of the Company and subsidiary companies has increased from that in 2018 because of better operational efficiency. The
million baht. And the presale from condominium project approximately 3,170.5 million baht, and are ready to move approximately 3,733.0 million baht. The first quarter of 2020, the company focuses on ready
organization to a business unit. The digital transformed will also be achieved to improve the operational process to be flexible and increase the efficiency of expense management and operational costs. The 4
: Unit: Million THB Sales Volume Amount Note Backlog Transfer in 2019 Transfer in 2020 Total 2019 - 2020 1. Residential Condominium 3,300 90% of sales volume in 2019 derives from ready-to-move-in projects
from additional investment in machinery to improve production efficiency, reduce production cost, and prepare for increased level of production; 3) lower sales proportion in Branded domestic sales which
industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
increased by 609.18 million baht or 55.61% from 1,095.42 million baht in Q2/2019 to 1,704.60 million baht in Q2/2020 because of the promotion campaign in ready to move-in projects in Q2/2020 including the
in MAESTRO 07 Victory Monument which completed construction in end of 2018 and other ready to move in projects such as M Jatujak, MAESTRO 03 Ratchada-Rama9, MANOR Sanambinnam due to sales promotions