December 2018. In 1Q19, THB 1,238.9mn of The Lofts Asoke project was transferred and recorded as a revenue and the Diplomat 39 project recorded a revenue from transferred of THB 271.3mn. For the future
amount for asset acquisition of KPNL’s 2 projects, The Diplomat 39 and The Diplomat Sathorn, which were complete-built projects where loan interest expense could not be recognized under cost of real estate
. Rathian Srimongkol as the Vice Chairman of the Board of Directors, effective from 12 October 2018. Appointed Prof. Dr. Surakiat Sathirathai as the Chairman of the Board of Directors and appointed Mr. Lee
Ratchathewi, 4.0% was from The Lofts Asoke, 0.3% was from the Diplomat 39 and 0.1% was from was from UNIXX South Pattaya, totaling of 7 projects. Cost of Sales Cost of real estate sold in 2019, slightly
% was from TAIT12, 20.4% was from The Estelle Phrom Phong, 9.9% was from The Lofts Asoke, 4.2% was from the Diplomat 39 and 0.1% was from UNIXX South Pattaya, totaling of 6 projects. Cost of Sales Cost of
comparative information. 2) The Board of Directors’ meeting on the 15th of January 2020 approved the appointment of Mr. Vichet Kasemthongsri as Independent Director and Audit Committee member, effective from
sales compared to the same period of 2018 which has cost of sales 767.27 million baht or 88.70% of sales due to proper product management and effective resulting in reduced cost of sales. - Selling and
proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director
with the same period in 2016 decreased from THB 88.79 million to 78.12 million or decreased THB 10.67 million or 12.01% because of effective cost management. Net profit of Company’s operation Net profit
from the last year because of inventory management and effective manufacturing cost control. 3. Gross profit margin was 3.56% of Revenue from sale and service, increased from last year that gross profit