Consolidated financial statements Separate financial statements Transfer pricing policy 2019 2018 2019 2018 Transactions with subsidiaries (eliminated from the consolidated financial statements) Rental income
: Thousand Baht) For the three-month periods ended 31 March Consolidated financial statements Separate financial statements Transfer pricing policy 2019 2018 2019 2018 Transactions with subsidiaries
following reasons; - Sales of units in condominium projects increased by 773.89 million baht or 147.63% from 524.22 million baht in Q1/2018 to 1,298.11 million baht in Q1/2019 due to the continuous transfer
mainly from ready to move-in projects while there were 3 low-rise projects, Maestro 03 Ratchada-Rama9, Maestro 14 Siam-Ratchathevi and Maestro 01 Sathorn-Yenakat, completed and started transfer in Q2/2018
increased by 609.18 million baht or 55.61% from 1,095.42 million baht in Q2/2019 to 1,704.60 million baht in Q2/2020 because of the promotion campaign in ready to move-in projects in Q2/2020 including the
Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement In(De)creas e % 31 th Dec 2017 31th Dec 2016 31th Dec 2017 31th Dec 2016 million baht % million baht % million
: Unit: Million THB Sales Volume Amount Note Backlog Transfer in 2019 Transfer in 2020 Total 2019 - 2020 1. Residential Condominium 3,300 90% of sales volume in 2019 derives from ready-to-move-in projects
because the income from sale has decreased from 13,855.41 million THB to 8,719.77 million THB or 37.07%. The majority of the income derived from ready-to- move-in projects, accounting for 72% of the income
industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
homebuyers, reduction of ownership transfer fee and mortgage registration fee to 0.01%, housing loan measures of the Government Housing Bank and financial support for down payment. Such measures gradually help