industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
measure of the Government Housing Bank to fix the interest rate for 1-5 years, starting on 22nd October 2019 until 24th December 2020. As a result of such measures, the sale and ownership transfer target of
percent Loss on disposal of assets amounted to 33.43 million baht, from The Company's land was sold. Payment of ownership transfer was made on 5 June 2019. Reference to the Board of Directors Meeting No. 8
homebuyers, reduction of ownership transfer fee and mortgage registration fee to 0.01%, housing loan measures of the Government Housing Bank and financial support for down payment. Such measures gradually help
% respectively. The expenses in sales (excluding ownership transfer expenses) increased 355.17% from the brokerage fee of Lumpini Suite Petchaburi - Makkasan project, the income of which was recognized in Q1/2019
162.67% and 19.29% from 31st December 2017 respectively. It is because of the performance of the Company, the cash prepared for the ownership transfer of two plots of land, namely, Lumpini Ratchada Rama 3
year because of the increased number of condominium units handover and ownership transfer. Important numbers in the financial statements 2018 and 2017 Table 1: Profit/Loss Statement 2018 and 2017 Numbers
%. The income from rental and service fee and management fee increases 37.58% and 20.52% respectively. Moreover, in order to sell ready-to-move-in projects, the sales promotion costs (excluding ownership
completed houses ready for ownership transfer. According to such direction, it has been assessed that sales in the first half of 2020 will slow https://market.sec.or.th/public/idisc/Download?FILEID=dat/news
19.80% respectively from the same period of the previous year because of a lower ownership transfer volume and increased efficiency of expenses management and operational costs control. During the last 9