the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the disposal of assets, the Company has

dividend payment in February. Inventory decreased by Baht 9.66 million. Other assets decreased by Baht 14.76 million from deposit payment for fixed assets that were received and transferred to fixed assets

Trust (“WHABT”) and have undertaken in guaranteeing minimum EBITDA of the REIT. Hence, their significant risk and reward were not transferred to the buyer, so the Company recorded the transaction as

. Interest expense projects had been stopped for cost recognition when the first unit was transferred. Please be informed accordingly. Yours truly, (Mr. Surasak Mandaeng) Chief Financial Officer

2018, with 38 million Baht coming from real estate business due to the sales and transferred 13 units of Condominium which construct completed in the middle of year 2018 while increasing from

the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories

Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the

transferred the ownership of the land to the purchaser since the Group has already received all the payments from the purchaser. For the three-month period financial statement ended March 31, 2018, the Company

. The value of disposition of assets consist of assets, equipment, leases agreement for building and premises and margin loan and the marking staff is also transferred. In this regard, the Board of

residences “The Ritz-Carlton Residences, Bangkok” at MahaNakhon transferred in the Q3 2018 of 4 residences which was lower than the same period last year of 27 residences. The Company’s gross profit from