of holiday club memberships increased by Baht 780 million. The revenue recognition of the property sales projects (Banyan Tree Deluxe Double Pool Villas, Banyan Tree Grand Residences, Cassia Phuket

European Commission which delists Thailand from the group of "warned countries" as recognition of the progress in tackling illegal, unreported and unregulated fishing (IUU Fishing). This shall enhance the

year 2018 from 527.55 MB in year 2017. This is due to restructuring and continuously minimizing operating and administrative expenses throughout year 2018.  The recognition of a provision of forestry

real estate revenue recognition of 1,366.58 Million Baht or an increase by 103.97%. The revenue can be distinguished as follows: Unit: Million Baht Projects Consolidated Revenue Project Revenue Increase

19% YoY.  Export Branded Business sales rose 23% YoY, mainly due to sales increase from fruit juice and milk products, and sales recognition from Long Quan Safe Food JSC (LQSF), Vietnam.  Total

million, similar to the previous year which were Baht 1,104 million. During the year 2019, the Company recognized past service cost as an expense in statement of comprehensive income due to the recognition

holiday club memberships increased by Baht 863 million. The revenue recognition of the property sales projects, as a result of Banyan Tree Villas and Cassia Residence Phuket, was higher when compared to the

increase of selling, advertising and promotion expenses to accelerate revenue recognition for ready to move- in projects and to increase sale for the projects under construction. Moreover, the Company has

2018, representing 46.36 percent, which resulted in the recognition of gains above. Please be informed accordingly Best Regards, Pottery PubHc Com pany Limited 電″揚 う■和 (lr4r. Niran Chourkittisopon

revenue from condominium sales of 1,136.50 Million Bath, which is decrease by 1,527.30 Million Bath or down by 57.34% due to the reduce number transfer of condominium ownership revenue recognition than the