the 9-month period ended 30 September 2019 30 September 2018 Change Millions of THB % Millions of THB % Millions of THB % Revenue from sale of real estate 1,003.47 91.27% 1,501.95 96.98% (498.48) (33.19
adjustment with PPA/1 60.2% 55.3% /1 Excluding accounting impact of Purchase Price Allocation (PPA) Income from sales of real estate during 2019 stood at THB 3,505.0 mm, which increased by 64.9%, compared to
signed into contract or about to be signed which will allow the Company to begin to recognize revenue. 3.2 Revenue from real estate development business has decreased when compared to 2019, by Baht 403.82
delays. 3.3 Revenue from real estate development business has decreased when compared to the same quarter of 2018, by Baht 12.60 million or 12.49%. Income from ownership transfer of housing and condominium
used in its business operation of One Sukhumvit 59. The Company plan for the investment in the real estate development project of the hotel and serviced apartment. In this regard, such transaction
THB 887.7mn while that of 1H19 was THB 2,351.6mn. Of which, THB 685.6mn and THB 2,072.0mn, respectively, were from sales of real estate • Gross profit from sales of real estate in 2Q19 was THB 179.1mn
subsidiaries had the total assets decreased in year 2015 by Baht 515.15 Million or 25.01 percent, due to the Company and its subsidiaries mainly had the costs of sales for real estate development projects
residential real estate market, especially condominiums which are popular amongst foreign customers who invest in real estate in Thailand, is also affected. As the company focus on developing projects with
used in its business operation of One Sukhumvit 59. The Company plan for the investment in the real estate development project of the hotel and serviced apartment. In this regard, such transaction
mm % Revenue 3,210.8 2,124.9 (1,085.9) (33.8%) Gross Profit 1,639.9 1,066.4 (573.4) (35.0%) Gross Profit Margin 51.1% 50.2% GPM before adjustment with PPA 56.6% 60.2% Income from sales of real estate