this business has low gross profit margin, to build up more sales revenue will result in good net profit. Sales revenue The Company had total sales revenue of Baht 3,610.5 million in 2019, decreased Baht
or 105.28%. Sale of low-rise residential units was THB 673.29 million, an increase of THB 167.71 million or 33.2% when comparing to the same period of last year which was 2018 2017 Increase (Decrease
to a net profit of THB 26. 62 million or earnings per share of THB 0. 03 in 1Q2017, an increase of THB 17.86 million or 67.11%. Details were as follows: Operating results 2017 2016 Increase (Decrease
was THB 122 million, a slight decrease from THB 124 million in 1Q17 due to the reasons mentioned above. Unit: THB mn 1Q18 1Q17 Change Amount % Hotel Business 1,364 1,324 40 3.0 Education Business 122
% Management service 1.1% Other income 1.2% Hotel Property development Food and beverage Management service Revenue from property development operations through sales of residential projects in both low rise and
mainly due to the increased in cost of sales and services of many large-scale projects which their gross margin were low due to a high market competition. In addition, In Q2–2019, there was an additional
profit of THB 350. 79 million or earnings per share of THB 0. 35 in 2016, a decrease of THB 117.54 million or 33.51%. Details were as follows: Operating results 2017 2016 Increase (Decrease) % Real Estate
still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and
debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The
2Q 2018, an increase of THB 4. 82 million or 3. 81% . Earnings per share remained the same as last year which were THB 0.12. Details were as follows: Operating Results 2019 2018 Increase (Decrease