signed into contract or about to be signed which will allow the Company to begin to recognize revenue. 3.2 Revenue from real estate development business has decreased when compared to 2019, by Baht 403.82
and new joint venture that still not recognize income Please be acknowledged accordingly, Yours truly, (Mr. Sithipon Ratanaporn) Chief Financial Officer
to meet the target group and recognize revenue from space rental since 1 July 2016. Revenue from sales food and beverage Sales of food and beverage was 266.1 MB can be classified as follows:- A&W
year 2018. This enable the company to recognize the sales revenue. However, income from the sale of townhome amounts 57.15 Million Bath, back up 39.79 Million Bath, or up by 232.46% especially The Rich
because raw materials have been used for installation works to recognize milestones of the construction service. The group’s liabilities decreased by Baht 539.22 million, mainly due to the following reasons
still not recognize income Please be acknowledged accordingly, Yours truly, (Mr. Sithipon Ratanaporn) Chief Financial Officer
of revenue from space rental of “The Brio Mall” which plans for site development plan, screens more variety of shops including setting up interesting activities to meet the target group and recognize
company continues to focus on the hydraulic crane segment. The hydraulic press machineries, which now has orders for 17 hydraulic press machineries, will recognize revenue in the fourth quarter of 2017 and
the company to recognize the sales revenue in this year. On the other hand, the sales of Town Homes was 57.85 Million Baht, decreased by 33.19 Million Baht, or down by 36.46% Cost of real estate sales
Procedures for Outsourcing Function related to Business Operation to Third Party dated 1 October 2018, hereby issues guidelines for considering to recognize the supervisory measures on investment management of