Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business
year due to the decrease in revenue from property development business in Patong, Phuket. In the fourth quarter of the past, the Company has invested in two property development businesses industrial
the end of 2017 equal to 40.3 million baht or 1.6 percent due to a higher in cash and cash equivalent, trade receivable, property development costs from property for sell and deferred tax asset
and property development business division totally 282.7 million Baht compared with same period of year 2018 amounted 302.8 million Baht, decreased the amount of 20.1 million Baht or 6.6 percent. For
Board of Directors of Fancy Wood Industries Public Company Limited (the “Company”) No. 8/2017 dated September 8, 2017 approved the investment in the property development business by acquiring the entire
end of 2016 equal to 231.3 million baht or 10.2% percent due to a higher in leasehold right and building and Property Development Cost from “Newera Condominium Project” JAS Asset Management Discussion
a higher in leasehold right and building and Property Development Cost from “Newera Condominium Project” JAS Asset Management Discussion and Analysis for FS2017 Page4/4 Liabilities & Shareholder’s
-11.1 -51.8% Trade and Other Receivables 61.1 56.0 5.1 9.2% Property Development Cost 327.5 156.7 170.8 109.0% Other current assets 34.0 26.7 7.3 27.3% Total current assets 433.0 260.7 172.3 66.1
property development business which results in the significant decrease in total revenue. The total gross profits for 2Q 2019 was 234 million Baht (48% of total revenue), decreased by 83% as compared to 2Q
the following reasons Exhibit 2: Revenue Breakdown 2018 – 2019 Revenue from property development business • Revenue from property development business of Baht 469.2 million decreased from 2018 by Baht