phases. In which phase 1 is a condominium ready for sale remaining awaiting transfer of ownership, only 17% of the total amount. Phase 2 is still under development. Forest Patong Project, Phuket is under
which phase 1 is a condominium ready for sale remaining awaiting transfer of ownership, only 13% of the total amount. Phase 2 is still under development. Forest Patong Project, Phuket is under the
is awaiting transfer of ownership and the commercial area is under development Project the City Hat Yai Songkla province, there are 4 condominium units with 1 building as a condominium for sale. The
including additional incomes from (sold units) deposits due to an increase of units that were unable to transfer ownership within the company’s deadline. II Expenses. 1. Cost of real estate sold, in the
full-year 2019 was THB 3,624.2mn. Of which, THB 499.0mn and THB 3,055.6mn, respectively, were from sales of real estate (transfer ownership to buyers) • Gross profit from sales of real estate in 4Q
of 9M19 was THB 3,066.8mn. Of which, THB 484.6mn and THB 2,556.6mn, respectively, were from sales of real estate (transfer ownership to buyers) • Gross profit from sales of real estate in 3Q19 was THB
property ownership transfer as well as more newly launched projects which subsequently increase the selling and administrative expenses from continuously business expansion. Financial costs For the three
performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
expenses on ownership transfer) and expenses on management to be 43.17% and 7.43% lower than those of the same quarter of the previous year respectively. Statement of financial position as of 30 September
recognized this year. The gross profit was thus less than 30% but the Company was able to control the expenses from sale (excluding ownership transfer expenses) as well as management expenses to be 37.54% and