administrative expenses(Special entry). The Net profit rate was decreased from 6.08% to 0.69% 5. The projects still being under construction (not yet delivered to the owner) at November 13, 2019 are as follows

subsidiary of the Company from the date mentioned above. The Company had a net loss of 6.43 million Baht or 0.88 percent of revenues from services. As for the last year, the net profit of the Company of 1.42

1.29 8% Profit before income tax 38.10 27.85 Income tax expense 4.48 1.92 2.56 133% Profit for 6 months 33.62 25.93 7.69 30% 3.96% 3.67% Consolidated financial information 2 of 8 • Revenue increased by

Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries

came from the condominium ready to move in. Cost of sales and Gross Profit Cost of sales for the 9-month period ended 30 September 2019 and 2018 were THB 576.34 and 870.10 million respectively. Cost of

million or 6.1% which mainly decreased from the revenue from services. The total cost was reported at THB 159.7 million, decreased by THB 1.7 million or 1.1%. As a result, the gross profit margin for this

costs - Existing businesses 4.80 8.82 (4.02) -45.60% Finance costs - Solar energy 8.64 9.29 (0.66) -7.06% Profit before income tax 26.72 18.71 Income tax expense 2.41 1.42 Profit for the year 24.30 17.29

81.8% to 91.5% that was higher ratio than the increase of selling price. As a result, the company had profit for the period at Baht 9.2 million, a decrease of 80.7 million Baht or 89.8% from the same

38.99 35.09 (3.90) -10.00% Income tax 31.97 37.04 5.07 15.86% Net profit 82.54 139.02 56.48 68.43% Net profit Ratio (ROS) 15.36% 19.92% Earnings per share (Baht) 0.21 0.26 0.05 22.59% Total Revenue For

6,346.47 million or 23.72% from the same period of the previous year. Gross profit for the first nine months of 2018 was Baht 1,772.10 million, a decrease by Baht 516.56 million or 22.57% from the same