10% Cost 1,631 1,509 Gross profit 209 164 45 28% Gross profit margin 11.3% 9.8% Other income 6 2 4 246% Selling & Admin expenses 123 121 2 2% 6.7% 7.2% Cost and expense from delayed project 57 (57

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 2019: A remarkable year with 40% capacity

and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Successful commercial

Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 MOU signing with

nine-month period when compared to the same period of the year 2016, which is related to the rise of revenue and to catch up work progress to complete on time resulting in higher costs while the

progress of the Company’s residential projects Project Operated By Project Value (MB) Total Units Sales Progress Cumulative Transferred Value (MB) Start of Transfer in Year No. of Sold Units Million Baht

% 0.18 0.25% 0.24 128.77% Administrative expenses 25.37 35.37% 24.10 32.80% 1.27 5.26% Other expense 1.61 2.24% - - 1.61 Total expenses 47.98 66.88% 44.79 60.96% 3.18 7.11% Profit before finance cost and

and expense tax 74.89 71.60 3.29 4.6 Finance costs (24.10) (22.24) 1.86 8.4 Profit before expense tax 50.79 49.36 1.43 2.9 Expense tax (11.84) (6.83) 5.01 73.4 Net profit 38.95 42.53 (3.58) (8.4) Gross

) Gross profit 265.70 282.91 (17.21) (6.1) Selling and administrative expenses (166.17) (159.18) 6.99 4.4 Other incomes 5.29 4.04 1.25 30.9 Profit before interest and expense tax 104.82 127.77 (22.95) (18.0

(66.05) (60.71) (5.34) 8.80 Income tax income (expense) 2.49 (0.40) 2.90 (715.97) Loss for the period (63.56) (61.12) (2.44) 4.00 Other comprehensive income (loss) for the period (0.10) (0.48) 0.38 (78.70