of 265 million Baht, decreased by 42% or by 191 million Baht due to the absence of specific business tax and residence transfer expense. In 3Q 2019, the Company had a total finance costs of 219 million

Residential project Project value Transfer status according to project value for the year ended 30 June 2020 2019 Balance not yet transferred THB mm THB mm THB mm % Veranda Hi Residence Chiang Mai 198.25 8 8

Transfer status according to project value for the year ended December 31 2020 2019 Balance not yet transferred THB mm THB mm THB mm % Veranda Hi Residence Chiang Mai 198.25 - 22 35.3 Veranda Residence

  with the increase of successful ownership transfers from 9 completed developments and including additional incomes from (sold units) deposits due to an increase of units that were unable to transfer

project management 195.2 4.7 280.0 8.4 84.8 43.4 Dividend income - - 0.3 - 0.3 100.0 Gain from transfer of right for land purchase and sale agreement 312.0 7.5 - - (312.0) (100.0) Gain on disposals of

holiday club memberships increased by Baht 863 million. The revenue recognition of the property sales projects, as a result of Banyan Tree Villas and Cassia Residence Phuket, was higher when compared to the

) Quality Houses Leasehold Property Fund 45 41 4 10 Quality House Hotel and Residence Freehold and Leasehold Property Fund 18 16 2 13 Total 417 390 27 7 Note : *In July 2017, LH Financial Group Plc. increased

Property Fund 192 174 18 10 Quality House Hotel and Residence Freehold and Leasehold Property Fund 61 60 1 2 Total 1,927 1,776 151 9 III Cost of sales breakdown by business segment (Unit: Million Baht) 2019

2018 Change Change (%) Home Product Center Plc. 304 261 43 16 LH Financial Group Plc. 104 111 (7) (6) Quality Houses Leasehold Property Fund 49 43 6 14 Quality House Hotel and Residence Freehold and

Change Change (%) Home Product Center Plc. 247 282 (35) (12) LH Financial Group Plc. 132 111 21 19 Quality Houses Leasehold Property Fund 41 46 (5) (11) Quality House Hotel and Residence Freehold and