the loan repayment from the joint venture. 3. Decrease in cost of real estate development (net) of THB 908.1 mm, due to land transfer during this year. Nonetheless the Company has further developed in
development progress of Mixed-use project Mixed-use project is developed by the Company’s subsidiary, Vimarnsuriya Company Limited, a joint venture between the Company and Central Patana PLC (CPN). The project
the start of mass production of this product this year to serve Asia market. In addition, Merchant Power (MPBG) sales rose 12.0% from 2016 and 24.5% from 2015. The company has developed more variety of
business. It has developed 5 property projects, consist of 3 projects as properties for sale and 2 projects as properties for rent. IWMA is in waste management business. IWMA is now developing a new waste
lower than last year at 44% 5 of total revenues. However, the Company was able to effective control the operating and administrative expenses. In 2019, the Company has developed AEON Thai Mobile
launching the application developed by the company to enhance customer experience. The application will bring in new loyalty program to current customer base of After You to collect points, get informed about
developed and operated its own Reneable Energy Projects for industrial customers started from Solar Rooftop Projects. WHAUP recognized Power Business performance in a form of (i) Revenu, (ii) Share of Profit
revenue for the next few years, and it has developed a prudent strategy to maintain return to shareholders during this time. This has included restructuring DTC to allow for greater flexibility and enhanced
would like to develop the land, the company must develop a townhome project to maximize benefit from the land development. However, the company has two developed townhome projects in the same location of
2018. Lastly, VGI Group generated total net profit of THB 260mn (prior year: THB 202mn), an increase by 28.8% YoY. As many of our newly developed and acquired business have different cost structures such