development projects namely Nimit Langsuan and MahaSamutr Country Club. This results in the significant decline in revenue. Revenue from gourmet food and beverages business • Revenue from gourmet food and
or 1% as compared to 2017 and (2) gross profit from gourmet food and beverage of 1,137 million Baht (47% of total revenue from gourmet food and beverage) a decrease of 346 million Baht or 23% as
Baht or 1% as compared to 2017 and (2) gross profit from gourmet food and beverage of 1,137 million Baht (47% of total revenue from gourmet food and beverage) a decrease of 346 million Baht or 23% as
residences as compare to Q1 2018 of 6 residences, (2) gross profit from gourmet food and beverage of 254 million Baht (52% of total revenues from gourmet food and beverage); slightly decreased by 20% as
) the decrease in selling and administrative expenses of gourmet food and beverages “DEAN & DELUCA”; regarding that the Company made a great effort to reduce unnecessary costs including marketing expenses
transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon totaling of 94 residences in 2017 whereas the total residences transferred in 2016 were 24 residences, (2) gross profit from gourmet food and
) gross profit from gourmet food and beverage of 318 million Baht (50% of total revenues from gourmet food and beverage); slightly decreased by 10% as compared to Q1 2017 of 352 million Baht. The Company
segment continued declining in 2017 due to intense competition of both animal feed and aquatic feed business in Thailand. Moreover, swine business was declined because of recession in swine price in past 2
institutions which are sufficient to complete the projects, and it expects to be able to transfer the ownership of all residences to its customers as well as recognize revenues in 2nd half of 2019. II Gourmet