all three outlets during February 2018. Kitchen Plus: sales was 10.4 Million THB, increased by 10.4 Million THB or 100% YoY, the company’s revenue recognition began in the fourth quarter of 2018

increasing from 4.79% in 2018 to 12.76% in 2019. The loss incurred is due to the recognition of gross loss from the construction business; higher administration cost to support the expansion of construction

. which is held 51% by the Company starts to recognize revenue. 1.3) Revenue from Real Estate Development increase THB 80.79 million due to starting of revenue recognition of the subsidiary. 1.4) Revenue

loss of revenue recognition from design engineering. 2. Cost of contract work In the first quarter of 2019, the Company and its subsidiaries had cost of contract work amount of 120.28 million Baht, the

development operations which comprise of property sales and the sale of holiday club memberships decreased by Baht 97 million. The difference is largely attributed to the lower revenue recognition of holiday

last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business activities

result of new branch opening at The Mall Bangkapi in October 2018, resulting in the growth in this quarter revenue recognition compared to last year. Moreover, the group has opened a new branch at Central

of holiday club memberships decreased by Baht 246 million. The difference is largely attributed to the revenue recognition of property sales projects namely Cassia Phuket and Laguna Residences which

of last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business

2019 was Baht 16.3 million, a decrease of Baht 118.8 million or 88% from the same period of last year since there were no recognition of non- monetary and non-recurring expenses i.e. share-based payment