from DAII to NVD. • In February, the Company launched ‘The ESSE at Singha Complex’ – a luxury condominium project located at the corner of Asoke-Montri and Phetchaburi Roads. At the end of FY2017, sales

company name from DAII to NVD. • In February 2017, the Company launched ‘The ESSE at Singha Complex’ – a luxury condominium project located at the corner of Asoke-Montri and Phetchaburi Roads. At the end of

7,539 million Baht, increased by 29% YoY, supported by revenue from the ESSE Asoke which has started the transfer since December 2018 and operating profit contributed from the new acquisition of Outrigger

ESSE Asoke’ (77% sales progress, tentative transfer in December 2018), ‘The ESSE at Singha Complex’ (91% sales progress, tentative transfer in 3Q19), and ‘The ESSE Sukhumvit 36’ (52% sales progress

house and condominium unit attributed to the rise in total revenue. 3Q19 Net profit at THB 222m, or 38% decline YoY, primarily due to gain from exchange rate at THB 312m realized in 3Q18. The ESSE at

subsidiary company of the company. Moreover, the Company has expected to recognize the income from our owned developed residential project from the transfer of the ESSE Asoke starting from Q4’18. As of 30

% YoY. Transfer ownership of condominium unit of the ESSE at Singha Complex since September 2019, the ESSE Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Residential

from the policy. Nevertheless, The Esse at Singha Complex will start hand over units by 3Q19 while the Company is certain that transfer value would be as expected. On 10 June 2019, S Oasis, a 36-storeys

house and condominium units reached THB 1,698m, grew by THB 1,307m or 334% YoY. The increase generally stemmed from transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences

late 2Q20 and revenue from sale of land and construction would be realized in accordance with accounting principal, upon transferrence and by progress of construction, respectively. During 3Q20, the ESSE