mainly from ready to move-in projects while there were 3 low-rise projects, Maestro 03 Ratchada-Rama9, Maestro 14 Siam-Ratchathevi and Maestro 01 Sathorn-Yenakat, completed and started transfer in Q2/2018

around USD 200 billion. In June, protests started in Hong Kong levels of violence have been escalating. Moreover, in July, Thai baht became stronger specially against US dollar due to speculation during

pipes to the contractor for a submarine pipe laying project. The delivery period started from end of year 2016 which was the first phase of the contract and Q1/2017 is considered the final part of the

SRF factory has been operating since February and started receiving from customers, however, the company has not delivered SRF to any customer in Q1/2017. The company is developing the suitable SRF

, the net profit margin has dropped slightly mainly due to the increase in cost from the Company, which started fully realizing the depreciation from the new factory building in Q1/2018. Depreciation

cannot be sold at market price. Moreover, subsidiary of UWC located at Buriram Province started to 2 sell electricity as a result, the cost is higher than normal operation at the meantime quarter 1-2018 no

(north), Lamphun, which started to recognize revenue in 2016. • Condominium project in Hat Yai Songkhla province recognized revenue in this quarter as the first quarter. • Condominium project in Patong

mainly relates to no share of loss from Lijiang Banyan Tree Hotel Co., Ltd. (the investment was sold in July 2017), partially offset by loss from Banyan Tree China Pte. Ltd. (the company started to take

has dropped slightly mainly due to the increase in cost from the Company, which started fully realizing the depreciation from the new factory building in Q1/2018. Depreciation increased THB 20.15

Development had a total of 115,000 sq.m. leasable area and 39,000 sq.m. under construction area. In addition, the Group started to realize revenue from leasing apartment units of Park Court Project (by Munkong