Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of
, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz- Carlton Residences, Bangkok (“RCR”) of 1,360 Million
, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz-Carlton Residences, Bangkok (“RCR”) of 1,360 Million
Residences, Bangkok (“RCR”) of 1,692.5 Million Baht (65.6 % of total revenues) from the transfer of 33 residences, and also the increasing revenue from Food and Beverages of DEAN & DELUCA of 801.5 Million Baht
residences “The Ritz-Carlton Residences, Bangkok” at MahaNakhon transferred in the Q2 2018 of 58 residences which was greater than the same period last year of 33 residences. The Company’s gross profit from
1,375 million Baht. The significant increase was mainly due to the ability to continually transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon totaling of 94 residences, and to recognize revenue
of holiday club memberships decreased by Baht 246 million. The difference is largely attributed to the revenue recognition of property sales projects namely Cassia Phuket and Laguna Residences which
Residences, Laguna Park and Banyan Tree Villas which were lower when compared to the same period last year. At the time of this report, there is a total of Baht 4,772 million in property sales revenue which
residences “The Ritz-Carlton Residences, Bangkok” at MahaNakhon transferred in the Q3 2018 of 4 residences which was lower than the same period last year of 27 residences. The Company’s gross profit from