year. As a result of that The Group were able to recognized revenue consistently, due to the completion of 18 projects in the year 2017, and another 9 newly completed project transferred on March 2018

3.8% compared on the same period from last year. As a result of that The Group were able to recognized revenue consistently, due to the completion of 21 projects in the year 2018, and another 6 newly

period of last year. The increase was mainly driven by positive same store sales growth (SSSG). In addition, the gross profit margin grew consistently, due to more efficient management of the product mix

total revenues, an increase of 5,147.7 million baht, or 139.5% compared on the same period from last year. As a result of that The Group were able to recognized revenue consistently, due to the completion

unable to perform REIT manager’s function under Chapter 2 efficiently and reliably, if the applicant obtain an approval to be a REIT manager. 4 Clause 12 In case an applicant is a company as specified in

businesses in acquiring and managing NPLs and NPAs. This enables BAM to consistently and sustainably generate healthy profits for all stakeholders. หนา้ 2 2. AMC Industry Outlook and Overview In 2019, the Thai

3.5% YoY. However, the money transfer service, of which the Company is the banking agent for 6 banks, has been growing consistently with 1,159,351 transactions per month, increasing 25.3% YoY, as well

transferring period as the most of residences transferred consistently in 2017. The Company expected that the remaining residences of MahaNakhon project for sale will be handover to the customers by Q1 2018; as

was greater than that of past transferring period as the most of residences transferred consistently in 2017. The Company expected that the remaining residences of MahaNakhon project for sale will be

money transfer service, of which the Company is the banking agent for 6 banks, has been growing consistently with 1,407,181 transactions per month, increasing 44.3% YoY, as well as the e-Wallet and