aspire to meet the cost of capital invested and generate a return over and above such capital. This is achievable if a focus on economic returns and strategic planning includes the effective management of

or 36.72% because of effective cost control. Net Loss of Company’s operation Net Loss of the group of the Company’s operation for the Year End 2018 ended December 31, 2018 when comparing with the year

Baht 349.94 million, which was increased of Baht 47.69 million or 13.63 percent. As a result of effective ownership transferring was increased. These include Baan Pha Piyarom Lake Grande, Baan Pha

Baht 354.51 million, which was increased of Baht 41.44 million or 11.69 percent. As a result of effective ownership transferring was increased. These include Baan Pha Piyarom Niva, Natureza Phase 2, Baan

Service Revenue The Company and its subsidiaries’ rental income and service revenue earned increase of Baht 0.68 million or 1.26 percent. 2  Expenses Cost of Sales The Company and its subsidiaries have the

at THB 51 mil. (10.3%), 3.2% incremental primary by impairment losses on trade accounts receivable in accordance with Thai Financial Reporting Standard No.9, which is effective in Q1 20 of THB 1.4 mil

effective ownership transferring was increased. Cost for rent and service The Company and its subsidiaries’ cost for rent and service increased of THB 0.76 million from property investment and service. 2

32.84 million or 18.30% because of effective cost control. Net Profit (Net Loss) of Company’s operation Net profit (net loss) of the group of the company’s operation for the Year End 2019 ended December

sales when compared to the same period of 2018, with cost of sales of 660.98 million baht or 86.82 percent of sales due to lower product prices. Including appropriate and effective cost management

of sales in Q2/2018. It decreased 44,597,924.83 Baht or 11.10 % because some orders were exported in advance in Q1/2019. The cost of sales in Q2/2019 was 319,157,079.86 Baht, representing 89.34 % of