percent, which decreases. With the following notice 1.1 Cash decreased as of 30 June 2019 and 31 December 2018, equal to 146.92 million baht and 208.23 million baht, respectively, decreased by 61.31 million
744.4mn in 1Q17. The costs decreased in line with the decreases in sales of condominium units. Gross Profit Gross profit in 1Q18 decreased to THB 102.2mnfrom THB 307.5mn in 1Q17 mainly due to an absence of
line with the decreases in sales of real estate. The costs of food and beverage increased to THB 6.4mn from first full-quarter operation of F&B business. 1 Backlogs include only sold units with sale and
interest income. The increase in net interest income was mainly due to an increase in interest income from loans. This was coupled with the decreases in interest expenses on debt issued and borrowings from
due to repayments of short-term loans from related parties and decreases in property, plant and equipment primarily due to disposals made in connection with the Restructuring. 2. Total liabilities as of
was due to the decreases in the average cost of sales per unit. - Translation - 3 Net Profit In 2019, the Company’s net profit was THB 109. 85 million amounting to the net profit margin of 1.93 percent
and decreases at the same rate as the change in revenue. In terms of the profit of the Company for Q1–2021 changed in line with the change in revenue, when compare to Q4–2020 and Q1–2020. Compare to the
of electricity generated by SAAM Group’s solar power project operating in Thailand amounting to THB 0.31 million. Moreover, SAAM Group has decreased administrative expenses following decreases in
administrative expense of the quarter. This also reduces the revenue from the food and beverages significantly while there is profit from disposal of shares in the company’s subsidiary. Statement of Financial