operate under the Outrigger brand and manage under hotel management agreements, which consists of two hotels in Thailand, two hotels in the Republic of Fiji Islands, one hotel in the Republic of Maldives

. The proportion of stores owned and operated by the Company and stores under franchise agreements is approximately at 30% and 70% respectively. In the future, the company has planned to further introduce

power purchase agreements. In addition, gross profit margin of municipal solid waste power plant for the year 2021 also decrease from the year 2020, due to the power purchase agreement of municipal solid

conditioned in the FiT power purchase agreements. This was lead to the decrease of gross profit margin of biomass power plant. However, gross profit margin of municipal solid waste power plant for third quarter

the FiT power purchase agreements. In addition, the biomass power plants, which the Group acquired in the third quarter of 2020, although the Group had significantly improve the machinery’s efficiency

follows: I. The operating revenue break down by business segment In the first quarter of 2018, the Company and its subsidiaries’ revenues from sales of real estate decreased while the property rentals

. (2) Non-current assets stood at 1,527.60 million, decreasing by 16.46 million baht, consisting of net land, building and equipment and net assets for leases, which fell due to the depreciation  Total

Group’s total assets were at THB 3,660.03 million, up by THB 279.61 million mostly from adoption of new financial reporting standards (leases standard (TFRS 16) ), As a result of Right-of-use assets, net

“Leases”. In addition, the company has costs of sales and services in the amount of THB 911 million, or 62. 2 percent of revenues from sales and services, decreased 8.6 percent from 1Q 2019. The

Company’ s major shareholder in respect of execution of the office building space lease agreements, which are deemed connected transactions in the category of short-term rent/ lease of real property in