” For the second quarter ended June 30th, 2020. The operating results were, For the second quarter of 2020, Real estate transferred activities of condominium and house totaled 3,831.6 million baht higher
business which rose significantly than that of Q3 2016. This was due to the fact that the 27 residences were transferred and recognized income in Q3 2017 as compared to only 2 residences transferred in Q3
the ABOVE 39 condominium project comprised brokerage and registration fees for the transferred of assets right which responsible to pay by the Company, as the Seller. 4. Administrative expenses for the
2018 by 4 million Baht, interior service income of 21.34 million Baht, other income of 8.20 million Baht and interest income 2.64 million Baht. In 2Q 2019 the Company does not recognize revenue from the
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
Group were able to recognized revenue consistently, due to the completion of 18 projects in the year 2017, and another 5 newly completed project transferred on March 2018 (KnightsBridge Tiwanon), and June
recorded 418.0 Million Baht or 24.7% of revenue from property business which rose significantly than that of Q2 2016. This was mainly due to the 33 residences that were transferred and recognized income in
followings; I Property Business: the Company will be able to recognize revenues only when the construction is completed and the ownership of such construction project has been transferred to the customers
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