2020, the company focusing on the Ready to Move project and Inventory for sale with several campaigns, such as the Keep Your Distance campaign, allowing buyers to stay free for up to 3 years, helping to
and Knightsbridge Space Rama 4. For the second quarter of 2020, The Group focus on the Ready to Move project and Inventory for sale with several campaigns, such as the Keep Your Distance campaign
million THB. The inventory comprises ready-to-move-in projects from the previous years (61%) and 11 aforementioned projects completed in 2018 (39%). 3) Other non-current assets increase 13.73% from 31
. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross
came from the condominium ready to move in. Cost of sales and Gross Profit Cost of sales for the 9-month period ended 30 September 2019 and 2018 were THB 576.34 and 870.10 million respectively. Cost of
expansion of LCL causing the higher number of employees and moving office to support expansion which leads to the expenses derived from such move and the former improvement disposal costs. In this regard, the
continual expansion of rental business at Lumpini Township Rangsit-Klong 1 Phase 3 since the end of 2018 and the rental business at ready-to-move- in projects since 2020, namely, Lumpini Park Phahol 32
institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore
transfer expenses) increase 25.06% as a result of the attempt to liquidate the inventory. Therefore, the net profit has decreased 1.30% from the same quarter of the previous year. There is one project
launched, sales volume and backlog in 2019 The sales volume in 2019 was 7 billion THB. In 2019, the launch of new projects was postponed in response to the slowdown. Ready-to-move-in condominium units were