% in Q4/17 due to the large number of transfers of the Diplomat 39 which is the project purchased for sale, therefore the GPM is lower than the projects developed by the Company. For the full year 2018
bad debt and doubtful accounts was mainly from the expansion of our loan portfolio and increased in writing off the bad debt. Moreover, the Company has developed a new collection to improve debt
international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo Gas. In addition, WHAUP has also developed and operated its own
area could be developed and improved into the center of transportation and logistics, cultural tourism and important processing industry of the country. As a result, the Company has an idea of developing
projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
upscale successfully developed hotels, as part of Project Crossroads Phase 1 in the Emboodhoo lagoon in the Republic of Maldives, consists of two islands undergoing development, (i) SAii Lagoon Maldives
, one hotel in the Republic of Maldives and one hotel in Mauritius "Outrigger Hotels"; (3) Two upper upscale successfully developed hotels, as part of Project Crossroads Phase 1 in the Emboodhoo lagoon in
development (net) of THB 575.9 mm, mainly resulting from higher land transfer in 2019 as mentioned above. However, the Company has developed more on the industrial estate during this period as well. 6. Decrease
revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the
machines with Boonterm top-up service and back office management to the newly launched fresh roasted coffee machine, developed by FORTH, which can brew various beverage menu to cover broad customer segments