and cloudy sky from April to June 2018 1.3) Revenue from Real Estate Development decrease THB 62.67 million due to the Quarter 2/2018 its subsidiaries cannot recognize revenue from selling of real

. Comparison of operating results for the first quarter ended March 31, 2019 and 2018 Revenues from sales of real estate 694.10 984.17 -29.47 314.96 494.10 -36.26 Revenues from rental and services 14.33 30.59

is decrease by 10.15 Million Bath or down by 39.49% 3 Real Estate Costs For the three-month period of 2020, the Company had the cost of property sales of 157.92 million Baht or 67.59% of the revenue

Company had the cost of property sales of 74.48 million Baht or 58.20% of the revenue from the sale of real estate. Meanwhile, the cost of sales of real estate of the previous year was 151.93 million Baht

% million baht % million baht % Revenue from sale of real estate 1,193.65 97.42 2,680.99 98.98 980.85 93.85 2,680.99 98.46 (1,487.34) (55.48) Other income 31.64 2.58 27.65 1.02 64.26 6.15 41.94 1.54 3.99

Million Bath, decreased by 29.16 Million Bath, or down by 91.55% Real Estate Costs For the three-month period of 2018, the Company had the cost of property sales of 654.55 million Baht or 65.85% of the

ended of 2017 and 2016 Revenue from sales of real estate 4,257.24 3,049.17 39.62 2,315.84 2,101.53 10.20 Revenue from rental and service 110.72 41.52 166.67 33.50 51.21 -34.58 Other income 153.91 236.39

. Income from sales of townhouses amounted to 17.19 million Baht, a decrease of 40.66 million Baht or a decrease of 70.29%. Real Estate Costs In 2018, the Company had cost of property sales of 1,765.11

) Transaction details Company requesting guarantee : Sahapat Real Estate Co., Ltd. Type of business : Property developer Registered capital : Baht 250,000,000.- classified into 10,000,000 ordinary shares, with

real estate 1,036.11 488.13 112.26 683.70 452.49 51.10 Revenue from rental and service 32.74 14.29 129.11 17.87 9.66 84.99 Other income 18.62 161.25 -88.45 58.44 121.73 -51.99 Total income 1,087.47