2017 from the increase of the new transferring project 9 projects (KnightsBridge Sky City Sapanmai, Notting Hill The Exclusive Charoenkrung, Pause Sukhumvit103, KnightsBridge The Ocean Sriracha
increased by Baht 604 million, or 14% increase compared with the same period in the precedent year, mainly due to the revenue derived from transferring (2/6) ownership of condominium units increased by Baht
revenues, a decrease of 800.1 million baht, or 22.1% compared on the same period from last year. Due to the transferring of high valued project “Park24 Ph.2” in Quarter2/2018, thus decreasing The Group
to the expansion of the electric train network to more outer city locations. In addition, this group of customers has the objective of buying for real residence and there is still fluctuation of demand
decrease in unit transferring. There was no project completed construction in Q3/2017 while there were M Thonglor10 started transferring in Q3/2016 and Manor Sanambinnam continued transferring since Q2/2016
from starting transferred 16 units of Veranda Residence Hua Hin project in Q1/2020 which accounted for 7.8 % of the project value. • Revenue from hotel operations decreased by 135 million baht or
property development operations as second quarter of 2018 was transferred 44 units of residence units while in the second quarter of 2 0 1 9 was transferred 17 units with revenue from property development
mainly due to Veranda Residence Hua-Hin ownership transferred and also growth of revenue from sales of food and beverage business due to acquisition of Gram pancackes and Pablo Cheesetart during Q4/2019
more outer city locations. In addition, this group of customers has the objective of buying for real residence and there is still fluctuation of demand lower than condominiums. Therefore considered as a
decrease in unit transferring. There was no project completed construction in Q2/2017 while there was Manor Sanambinnam started transferring in Q2/2016. - Revenues from hotel operations in Q2/2017 amounted