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
4,980.73 to 1,817.28 million THB. Around 72% is the inventory but the gross profit is maintained at 30% of income. Moreover, the management expense is controlled and has decreased 31.25% from that of the
adjust its operation to accommodate such measures. The Company has assessed and prepared for the impacts of the measures by liquidating the inventory, regularly organizing marketing activities and planning
inventory, the sales promotion expenses (excluding ownership transfer expenses) increase 26.76%. As a result, the net profit has decreased 5.34% from that of the same quarter of the previous year. In Q1/2018
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
derived from the inventory which accounts for 79% of the income recognized in Q3. The gross profit margin is thus lower than 30%. However, the Company is able to control the expenses on sale (excluding
million THB to 21,250.21 million THB. The main reasons are as follows: 1) Cash and cash equivalent increase 8.77% from 31 December 2017 as a result of the performance of the Company. 2) Inventory increases
transfer and increased income from rent, services and management. 2. Projects under development and inventory increased 196.35 million THB or 1.14% i.e. from 16,928.07 million THB to 17,120.42 million THB as
Company operations. 2. Projects under development and inventory increased 960.03 million THB or 5.66% i.e. from 16,964.84 to 17,924.87 million THB. They were the projects developed since the previous year
Proportion of the Company and Subsidiary Companies in Q1/2020 and 2019 Unit: Million THB Type of Income Q1/2020 Q1/2019 % Variance Note 1. Income from sales of real estate 1 1,493.92 2,493.06 (40.08%) Note 1