Common use of SEGMENT INFORMATION Clause in Contracts

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and three-month periods ended March 31, 2018 and 2017 by segments are as follows: For the three-month period ended March 31, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 - - - 395,944 - - 395,944 Rental income and service - - 4,152 - 1,639 5,791 (400) - 5,391 Other income 2,045 181 5 1 2 2,234 (792) - 1,442 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 Expenses Cost of sales 215,452 45,862 - - - 261,314 - - 261,314 Cost for rent and service - - 4,293 - 1,073 5,366 - - 5,366 Selling expenses 47,593 11,212 - - - 58,805 - - 58,805 Administrative expenses 24,107 13,546 1,398 34 829 39,914 - (419) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 Finance cost 11,461 3,269 5,215 731 49 20,725 - (773) 19,952 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 Income (loss) by segments 17,432 (240) (6,838) (764) (310) 9,280 9,280 Tax expenses (income) 2,552 - - - - 2,552 2,552 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 - - - 354,508 - - 354,508 Rental income and service - - 3,806 - 1,550 5,356 (660) - 4,696 Other income 1,964 709 5 1 1 2,680 (825) - 1,855 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 Expenses Cost of sales 196,495 38,338 - - - 234,833 - - 234,833 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 - - - - 7,984 - - 7,984 Finance cost 12,321 2,947 1,319 763 52 17,402 - (805) 16,597 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 Income (loss) by segments 3,226 7,247 (2,168) (1,056) (220) 7,029 7,028 Tax expenses (income) 1,713 Profit (loss) for the period 5,315 As at March 31, 2017 Investment property - - 211,738 - - 211,738 211,738 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- three-month and threenine-month periods ended March 31September 30, 2018 2023 and 2017 2022 by segments are as follows: For the three-month period ended March 31, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 470,404 5,980 - - - 395,944 - 476,384 (1,428) - 474,956 Income from the construction - - 395,944 - 9,971 - - 9,971 (9,971) - - Rental income and service - - 4,152 7,864 - 1,639 5,791 3,333 6,501 17,698 (4002,346) - 5,391 15,352 Other income 2,045 181 3,414 5 1 2 2,234 5 550 3 12 3,989 (7921,862) - 1,442 2,127 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 473,818 5,985 7,869 10,521 3,336 6,513 508,042 492,435 Expenses Cost of sales 215,452 45,862 307,970 4,911 - - - 261,314 - 312,881 - (5,946) 306,935 Construction costs - - 261,314 - 11,247 - - 11,247 - (11,247) - Cost for rent and service - - 4,293 8,934 - 1,073 5,366 2,058 9,505 20,497 - - 5,366 Selling expenses 47,593 11,212 (1,836) 18,661 Distribution costs 57,250 704 - - - 58,805 - 57,954 - 58,805 132 58,086 Administrative expenses 24,107 13,546 1,398 34 829 39,914 64,317 1,467 446 3,506 905 (1,158) 69,483 - (4193,770) 39,495 Management benefit expenses 6,874 1,602 89 65,713 Finance costs 8,085 - - 8,565 - - 8,565 Finance cost 11,461 3,269 5,215 731 49 20,725 483 1,268 55 1,018 10,909 - (7731,688) 19,952 9,221 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 437,622 7,082 9,863 16,021 3,018 9,365 482,971 458,616 Income (loss) by segments 17,432 36,196 (2401,097) (6,8381,994) (7645,500) 318 (3102,852) 9,280 9,280 25,071 33,819 Tax expenses (income) 2,552 - - - - 2,552 2,552 24,548 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31, 2017 (In Thousand Baht) 9,271 Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 601,463 10,608 - - - 354,508 - 612,071 (2,661) - 609,410 Income from the construction - - 354,508 - 36,383 - - 36,383 (36,383) - - Rental income and service - - 3,806 7,897 - 1,550 5,356 2,542 5,009 15,448 (6603,504) - 4,696 11,944 Other income 1,964 709 5 1 1 2,680 3,450 313 6 320 3 7 4,099 (8251,715) - 1,855 2,384 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 604,913 10,921 7,903 36,703 2,545 5,016 668,001 623,738 Expenses Cost of sales 196,495 38,338 382,690 7,091 - 6,622 - - 396,403 - (9,743) 386,660 Construction cost - - - 234,833 35,544 - - 234,833 35,544 - (35,544) - Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 Selling expenses 39,330 4,687 7,636 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 1,584 7,501 16,721 - (6792,238) 45,345 Management benefit expenses 7,984 14,483 Distribution costs 51,791 1,522 - - - - 7,984 53,313 - (765) 52,548 Administrative expenses 57,814 3,063 429 2,059 1,038 3,033 67,436 - 7,984 (1,102) 66,334 Finance cost 12,321 2,947 1,319 763 52 17,402 3,688 - 738 745 41 955 6,167 - (8051,592) 16,597 4,575 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 495,983 11,676 8,803 44,970 2,663 11,489 575,584 524,600 Income (loss) by segments 3,226 7,247 108,930 (2,168755) (1,056900) (2208,267) 7,029 7,028 (118) (6,473) 92,417 99,138 Tax expenses (income) 1,713 24,761 Profit (loss) for the period 5,315 74,377 Revenues Sales 1,770,656 14,830 - - - - 1,785,486 (2,160) - 1,783,326 Income from the construction - - - 107,875 - - 107,875 (107,875) - - Rental income and service - - 25,557 - 9,728 19,424 54,709 (12,175) - 42,534 Other income 11,265 245 13 1,553 99 43 13,218 (5,651) - 7,567 Total revenues 1,781,921 15,075 25,570 109,428 9,827 19,467 1,961,288 1,833,427 Expenses Cost of sales 1,164,333 11,330 - - - - 1,175,663 - (3,383) 1,172,280 Construction cost - - - 100,989 - - 100,989 - (100,989) - Cost for rent and service - - 26,985 - 5,763 29,664 62,412 - (6,684) 55,728 Distribution costs 179,541 1,585 - - - - 181,126 - (2,160) 178,966 Administrative expenses 197,754 6,126 1,423 8,833 2,573 2,833 219,542 - (7,902) 211,640 Finance costs 24,222 - 1,689 3,356 164 3,246 32,677 - (5,216) 27,461 Total expenses 1,565,850 19,041 30,097 113,178 8,500 35,743 1,772,409 1,646,075 Income (loss) by segments 216,071 (3,966) (4,527) (3,750) 1,327 (16,276) 188,879 187,352 Tax expenses (income) 63,260 Profit (loss) for the period 124,092 Revenues Sales 1,887,567 16,209 - - - - 1,903,776 (2,661) - 1,901,115 Income from the construction - - - 125,410 - - 125,410 (125,410) - - Rental income and service - - 22,112 - 7,011 13,859 42,982 (10,297) - 32,685 Other income 10,375 619 11 956 64 132 12,157 (4,283) - 7,874 Total revenues 1,897,942 16,828 22,123 126,366 7,075 13,991 2,084,325 1,941,674 Expenses Cost of sales 1,193,451 10,909 - 6,622 - - 1,210,982 - (19,822) 1,191,160 Construction cost - - - 120,197 - - 120,197 - (120,197) - Cost for rent and service - - 23,119 - 4,823 21,484 49,426 - (6,751) 42,675 Distribution costs 152,209 2,488 - - - - 154,697 - (2,661) 152,036 Administrative expenses 173,628 7,151 1,497 5,898 2,304 6,803 197,281 - (3,056) 194,225 Finance cost 7,035 - 2,435 1,917 124 2,793 14,304 - (4,434) 9,870 Total expenses 1,526,323 20,548 27,051 134,634 7,251 31,080 1,746,887 1,589,966 Income (loss) by segments 371,619 (3,720) (4,928) (8,268) (176) (17,089) 337,438 351,708 Tax expenses (income) 82,019 Profit (loss) for the period 269,689 30.1 Operating lease commitments As at March 31September 30, 2017 Investment property 2023, the Company and its subsidiaries had future minimum lease payments under these operating leases contracts were as follows. 1 year 4.27 30.2 As at September 30, 2023, the Company and its subsidiaries had contingent liabilities from letters of guarantee issued by three banks to government agency and third parties, are as follows : In Million Baht Consolidated Financial Statements Separate Financial Statements - Guarantee for electricity, water and others 5.18 4.78 - 211,738 - - 211,738 211,738 PropertyGuarantee fund for maintenance of public utilities 603.61 603.61 30.3 As at September 30, plant 2023, the Company had contingent liabilities to a bank from the guarantee on the customer’s loan amounting to Baht 0.65 million and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”gasoline amounting to Baht 0.20 million (See Note 10).

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threesix-month periods ended March 31June 30, 2018 2020 and 2017 2019 by segments are as follows: Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated High - rise services management and wellness DR. CR. Sales 502,334 17,802 - - - - 520,136 - - 520,136 Rental income and service - - 1,528 - 1,837 889 4,254 (1,370) - 2,884 Other income 2,033 4 10 235 2 86 2,370 (67) - 2,303 Total revenues 504,367 17,806 1,538 235 1,839 975 526,760 525,323 Expenses Cost of sales 321,756 11,599 - - - - 333,355 - - 333,355 Cost for rent and service - - 3,975 - 1,053 1,385 6,413 - - 6,413 Selling expenses 47,847 2,854 - - - - 50,701 - - 50,701 Administrative expenses 47,434 5,625 345 16 827 1,556 55,803 - (1,390) 54,413 Finance cost 7,248 - 746 - 43 47 8,084 - (47) 8,037 Total expenses 424,285 20,078 5,066 16 1,923 2,988 454,356 452,919 Income (loss) by segments 80,082 (2,272) (3,528) 219 (84) (2,013) 72,404 72,404 Tax expenses (income) 13,100 Profit (loss) for the period 59,304 Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Revenues Low - rise segment High - rise segment services management services and wellness DR. CR. Sales 194,797 18,344 - - - - 213,141 - - 213,141 Rental income and service - - 4,099 - 1,912 - 6,011 (715) - 5,296 Other income 1,503 12 - - 1 - 1,516 (19) - 1,497 Total revenues 196,300 18,356 4,099 - 1,913 - 220,668 219,934 Expenses Cost of sales 144,120 10,373 - - - - 154,493 - - 154,493 Cost for rent and service - - 4,270 - 881 - 5,151 - - 5,151 Selling expenses 16,684 4,220 - - - - 20,904 - - 20,904 Administrative expenses 32,132 7,376 3,569 9 542 - 43,628 - (734) 42,894 Finance cost 8,598 - 1,132 - 52 - 9,782 - - 9,782 Total expenses 201,534 21,969 8,971 9 1,475 - 233,958 233,224 Income (loss) by segments (5,234) (3,613) (4,872) (9) 438 - (13,290) (13,290) Tax expenses (income) (3,707) Profit (loss) for the period (9,583) For the threesix-month period ended March 31June, 2018 2020 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Intermediate care and wellness Total Elimination Consolidated DR. CR. Consolidated Sales 320,874 75,070 804,504 44,612 - - - 395,944 - 849,116 - - 395,944 Rental 849,116 Service income and service for rent - - 4,152 3,684 - 1,639 5,791 3,660 1,028 8,372 (4003,077) - 5,391 5,295 Other income 2,045 181 5 1 2 2,234 3,845 70 18 254 14 105 4,306 (792104) - 1,442 4,202 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 808,349 44,682 3,702 254 3,674 1,133 861,794 858,613 Expenses Cost of sales 215,452 45,862 524,756 29,269 - - - 261,314 - 554,025 - - 261,314 554,025 Cost for rent and of service - - 4,293 8,159 - 1,073 5,366 2,018 2,185 12,362 - - 5,366 12,362 Selling expenses 47,593 11,212 86,494 6,379 - - - 58,805 - 92,873 - - 58,805 92,873 Administrative expenses 24,107 13,546 1,398 34 829 39,914 86,154 11,937 796 26 1,464 3,364 103,741 - (4193,115) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 100,626 Finance cost 11,461 3,269 5,215 731 49 20,725 15,811 - 1,672 - 88 66 17,637 - (77366) 19,952 17,571 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 713,215 47,585 10,627 26 3,570 5,615 780,638 777,457 Income (loss) by segments 17,432 95,134 (2402,903) (6,8386,925) 228 104 (7644,482) (310) 9,280 9,280 81,156 81,156 Tax expenses (income) 2,552 - - - - 2,552 2,552 14,490 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 66,666 As at March 31June 30, 2018 2020 Investment property - - 201,600 206,549 - - 201,600 201,600 - 206,549 206,549 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 83,497 205 345 1 22 9,596 93,666 93,666 For the threesix-month period ended March 31June, 2017 2019 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Intermediate care and wellness Total Elimination Consolidated DR. CR. Consolidated Sales 293,658 60,850 550,713 63,987 - - - 354,508 - 614,700 - - 354,508 Rental 614,700 Service income and service for rent - - 3,806 8,268 - 1,550 5,356 3,757 - 12,025 (6601,270) - 4,696 10,755 Other income 1,964 709 5 2,798 169 10 1 1 2,680 7 - 2,985 (82538) - 1,855 2,947 Total revenues 295,622 61,559 3,811 553,511 64,156 8,278 1 1,551 362,544 361,059 3,764 - 629,710 628,402 Expenses Cost of sales 196,495 38,338 - - - 234,833 - - 234,833 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 372,164 38,053 - - - - 7,984 410,217 - - 7,984 410,217 Cost of service - - 8,396 - 1,825 - 10,221 - - 10,221 Selling expenses 61,765 8,393 - - - - 70,158 - - 70,158 Administrative expenses 68,787 17,390 3,936 21 1,159 - 91,293 - (1,308) 89,985 Finance cost 12,321 2,947 1,319 763 52 17,402 18,729 8 2,211 7 105 - (805) 16,597 21,060 - - 21,060 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 521,445 63,844 14,543 28 3,089 - 602,949 601,641 Income (loss) by segments 3,226 7,247 32,066 312 (2,1686,265) (1,05627) (220) 7,029 7,028 675 - 26,761 26,761 Tax expenses (income) 1,713 3,521 Profit (loss) for the period 5,315 23,240 As at March 31June 30, 2017 2019 Investment property - - 211,738 191,047 - - 211,738 211,738 191,047 191,047 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”101,723 471 403 1 31 102,629 102,629 29.1 Operating lease commitments The Company and its subsidiaries have entered into several lease agreements for office buildings, land and building for base stations. The terms of the agreements are generally 3 years. As at June 30, 2020 future minimum lease payments under these operating leases contracts were as follows.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threenine-month periods ended March 31September 30, 2018 and 2017 by segments are as follows: For the three-month period ended March 31September 30, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 282,319 22,342 - - - 395,944 304,661 - - 395,944 304,661 Rental income and service - - 4,152 4,365 - 1,639 5,791 1,854 6,219 (400505) - 5,391 5,714 Other income 2,045 181 5 2,997 128 2 76 1 2 2,234 3,204 (79220) - 1,442 3,184 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 285,316 22,470 4,367 76 1,855 314,084 313,559 Expenses Cost of sales 215,452 45,862 183,277 11,060 - - - 261,314 194,337 - - 261,314 194,337 Cost for rent and service - - 4,293 4,411 - 1,073 5,366 878 5,289 - - 5,366 5,289 Selling expenses 47,593 11,212 38,549 2,636 - - - 58,805 41,185 - - 58,805 41,185 Administrative expenses 24,107 13,546 1,398 34 829 39,914 27,483 7,717 345 22 727 36,294 - (419525) 39,495 35,769 Management benefit expenses 6,874 1,602 89 7,506 712 112 - - 8,565 8,330 - - 8,565 8,330 Finance cost 11,461 3,269 5,215 731 49 20,725 11,683 1,857 1,162 435 50 15,187 - (773) 19,952 - 15,187 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 268,498 23,982 6,030 457 1,655 300,622 300,097 Income (loss) by segments 17,432 16,818 (2401,512) (6,8381,663) (764381) (310) 9,280 9,280 200 13,462 13,462 Tax expenses (income) 2,552 - - - - 2,552 2,552 2,779 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 10,683 For the three-month period ended March 31September 30, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 303,140 66,813 - - - 354,508 369,953 - - 354,508 369,953 Rental income and service - - 3,806 4,193 - 1,550 5,356 1,583 5,776 (660390) - 4,696 5,386 Other income 1,964 709 5 1,687 1,577 78 1 1 2,680 3,344 (825816) - 1,855 2,528 Total revenues 295,622 61,559 3,811 304,827 68,390 4,271 1 1,551 362,544 361,059 1,584 379,073 377,867 Expenses Cost of sales 196,495 38,338 192,846 42,559 - - - 234,833 235,405 - - 234,833 235,405 Cost for rent and service 22 (4,148) - 4,356 8,606 - 877 5,255 860 5,318 - - 5,255 5,318 Selling expenses 39,330 4,687 43,474 5,637 - - - 44,017 49,111 - - 44,017 49,111 Administrative expenses 36,244 8,340 304 294 842 46,024 11,340 28,▇▇▇ ▇▇▇ ▇▇▇ 662 41,453 - (679409) 45,345 41,044 Management benefit expenses 7,984 6,447 1,448 91 - - 7,986 - - 7,984 - - 7,984 7,986 Finance cost 12,321 2,947 1,319 763 23,284 6,462 1,286 754 52 17,402 31,838 - (805797) 16,597 31,041 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 273,243 85,094 10,181 1,019 1,574 371,111 369,905 Income (loss) by segments 3,226 7,247 31,584 (2,16816,704) (1,0565,910) (2201,018) 7,029 7,028 10 7,962 7,962 Tax expenses (income) 1,713 (3,226) Profit (loss) for the period 5,315 11,188 For the nine-month period ended September, 2018 (In Thousand Baht) Real Estate Rental and Contractor Property Total Elimination Consolidated Low - rise High - rise services management DR. CR. segment segment services Revenues Sales 945,361 152,870 - - - 1,098,231 - - 1,098,231 Service income for rent - - 12,736 - 5,563 18,299 (1,625) - 16,674 Other income 8,214 401 13 77 6 8,711 (1,523) - 7,188 Total revenues 953,575 153,271 12,749 77 5,569 1,125,241 1,122,093 Expenses Cost of sales 621,898 89,190 - - - 711,088 - - 711,088 Cost of service - - 12,974 - 2,843 15,817 - - 15,817 Selling expenses 130,318 19,816 - - - 150,134 - - 150,134 Administrative expenses 78,742 32,513 2,076 90 2,247 115,668 - (1,683) 113,985 Management benefit expenses 21,626 3,476 289 - - 25,391 - - 25,391 Finance cost 44,332 8,637 3,538 1,898 151 58,556 - (1,465) 57,091 Total expenses 896,916 153,632 18,877 1,988 5,241 1,076,654 1,073,506 Income (loss) by segments 56,659 (361) (6,128) (1,911) 328 48,587 48,587 Tax expenses (income) 11,545 Profit (loss) for the period 37,042 As at March 31September 30, 2018 Investment property - - 196,518 - - 196,518 196,518 Property, plant and equipment 108,780 618 614 - 7 110,019 110,019 For the nine-month period ended September 30, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 882,867 191,534 - - - 1,074,401 - - 1,074,401 Service income for rent - - 12,468 - 4,782 17,250 (1,720) - 15,530 Other income 6,603 3,009 87 129 3 9,831 (2,448) - 7,383 Total revenues 889,470 194,543 12,555 129 4,785 1,101,482 1,097,314 Expenses Cost of sales 588,879 120,462 - - - 709,341 - - 709,341 Cost for rent and service - - 12,962 - 3,242 16,204 - - 16,204 Selling expenses 122,372 14,937 - - - 137,309 - - 137,309 Administrative expenses 81,584 45,513 773 832 1,670 130,372 - (1,777) 128,595 Management benefit expenses 19,374 4,237 274 - - 23,885 - - 23,885 Finance cost 46,838 12,075 3,922 2,262 156 65,253 - (2,391) 62,862 Total expenses 859,047 197,224 17,931 3,094 5,068 1,082,364 1,078,196 Income (loss) by segments 30,423 (2,681) (5,376) (2,965) (283) 19,118 19,118 Tax expenses (income) 1,347 Profit (loss) for the period 17,771 As at September 30, 2017 Investment property - - 211,738 206,655 - - 211,738 211,738 Property206,655 206,655 24.1 The Company has entered into lease for the commercial buildings, plant sale office building, land and equipment 110,193 2,719 656 1,017 25 114,610 114,610 other services. As at September 30, 2018, the Company is obligated to pay the rent and service as follows: Payable within: Million Baht 1 year 2.26 More than 1 year to 3 years 2.53 24.2 As at September 30, 2018, the Company and its subsidiaries had contingent liabilities from letters of guarantees issued by three banks to government agency and third parties (see Note 8) as follows: - Guarantee for electricity, water and others 161.01 161.01 - Guarantee fund for maintenance of public utilities 14.07 13.67 24.3 As at September 30, 2018, the Company had contingent liabilities to a bank from the guarantee on the customer’s loan amounting to Baht 0.65 million and gasoline amounting to Baht 0.20 million (see Note 8). 24.4 As at September 30, 2018, the Company has the following lawsuits: 24.4.1 The civil court of Pattaya black case Por. 564/2560 with Bayview Resort UNAUDITED” plaintiff”, the plaintiff sued the company on the charge of servitude relating to car travel and other utilities such as land of plaintiff. The case is under consideration of the court of first instance. 24.4.2 The civil case of the court of Pattaya, black case Por. 411/2561 with the juristic person of Bayview Resort REVIEWEDdefendant, the Company sued the defendant on the eviction claiming damage in the amount of Baht 0.61 million. The case is under investigation process. 24.4.3 The civil case of Thanyaburi court black case Por.Bor.1491/2561 with S.K. Pattaya Construction Development Co., Ltd. “plaintiff”. The plaintiff sued the Company on breach of contract. The damage has a capital amount of Baht 6.44 million. On July 20, 2018, the Company has negotiated with the counterparty and made agreement. The plaintiff submitted to withdraw the filing of the defendant and the Court dismissed the case from the directory.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threenine-month periods ended March 31September 30, 2018 2017 and 2017 2016 by segments are as follows: For the three-month period ended March 31, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 - - - 395,944 - - 395,944 Rental income and service - - 4,152 - 1,639 5,791 (400) - 5,391 Other income 2,045 181 5 1 2 2,234 (792) - 1,442 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 Expenses Cost of sales 215,452 45,862 - - - 261,314 - - 261,314 Cost for rent and service - - 4,293 - 1,073 5,366 - - 5,366 Selling expenses 47,593 11,212 - - - 58,805 - - 58,805 Administrative expenses 24,107 13,546 1,398 34 829 39,914 - (419) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 Finance cost 11,461 3,269 5,215 731 49 20,725 - (773) 19,952 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 Income (loss) by segments 17,432 (240) (6,838) (764) (310) 9,280 9,280 Tax expenses (income) 2,552 - - - - 2,552 2,552 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31September 30, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 303,140 66,813 - - - 354,508 369,953 - - 354,508 369,953 Rental income and service - - 3,806 4,193 - 1,550 5,356 1,583 5,776 (660390) - 4,696 5,386 Other income 1,964 709 5 1,687 1,577 78 1 1 2,680 3,344 (825816) - 1,855 2,528 Total revenues 295,622 61,559 3,811 304,827 68,390 4,271 1 1,551 362,544 361,059 1,584 379,073 377,867 Expenses Cost of sales 196,495 38,338 192,846 42,559 - - - 234,833 235,405 - - 234,833 235,405 Cost for rent and service 22 (4,148) - 4,356 8,606 - 877 5,255 860 5,318 - - 5,255 5,318 Selling expenses 39,330 4,687 43,474 5,637 - - - 44,017 49,111 - - 44,017 49,111 Administrative expenses 36,244 8,340 304 294 842 46,024 11,340 28,▇▇▇ ▇▇▇ ▇▇▇ 662 41,453 - (679409) 45,345 41,044 Management benefit expenses 7,984 6,447 1,448 91 - - 7,986 - - 7,984 - - 7,984 7,986 Finance cost 12,321 2,947 1,319 763 23,284 6,462 1,286 754 52 17,402 31,838 - (805797) 16,597 31,041 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 273,243 85,094 10,181 1,019 1,574 371,111 369,905 Income (loss) by segments 3,226 7,247 31,584 (2,16816,704) (1,0565,910) (2201,018) 7,029 7,028 10 7,962 7,962 Tax expenses (income) 1,713 (3,226) Profit (loss) for the period 5,315 11,188 For the three-month period ended September 30, 2016 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 210,592 76,875 - - - 287,467 - - 287,467 Rental income and service - - 4,063 - 1,549 5,612 (682) - 4,930 Other income 1,488 1,067 - 1 1 2,557 (866) - 1,691 Total revenues 212,080 77,942 4,063 1 1,550 295,636 294,088 Expenses Cost of sales 149,179 48,550 - - - 197,729 - (1) 197,728 Cost for rent and service - - 3,710 - 850 4,560 - - 4,560 Selling expenses 28,033 11,430 - - - 39,463 - - 39,463 Administrative expenses 37,496 3,893 - 390 912 42,691 - (702) 41,989 Management benefit expenses 5,524 2,169 - - - 7,693 - - 7,693 Finance cost 11,953 (1,989) - 805 51 10,820 - (847) 9,973 Total expenses 232,185 64,053 3,710 1,195 1,813 302,956 301,406 Income (loss) by segments (20,105) 13,889 353 (1,194) (263) (7,320) (7,318) Tax expenses (income) (1,223) Profit (loss) for the period (6,095) For the nine-month period ended September 30, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 882,867 191,534 - - - 1,074,401 - - 1,074,401 Service income for rent - - 12,468 - 4,782 17,250 (1,720) - 15,530 Other income 6,603 3,009 87 129 3 9,831 (2,448) - 7,383 Total revenues 889,470 194,543 12,555 129 4,785 1,101,482 1,097,314 Expenses Cost of sales 588,879 120,462 - - - 709,341 - - 709,341 Cost for rent and service - - 12,962 - 3,242 16,204 - - 16,204 Selling expenses 122,372 14,937 - - - 137,309 - - 137,309 Administrative expenses 81,584 45,513 773 832 1,670 130,372 - (1,777) 128,595 Management benefit expenses 19,374 4,237 274 - - 23,885 - - 23,885 Finance cost 46,838 12,075 3,922 2,262 156 65,253 - (2,391) 62,862 Total expenses 859,047 197,224 17,931 3,094 5,068 1,082,364 1,078,196 Income (loss) by segments 30,423 (2,681) (5,376) (2,965) (283) 19,118 19,118 Tax expenses (income) 1,347 Profit (loss) for the period 17,771 As at March 31September 30, 2017 Investment property - - 211,738 206,655 - - 211,738 211,738 206,655 206,655 For the nine-month period ended September, 2016 (In Thousand Baht) Real Estate Rental and Contractor Property Total Elimination Consolidated Low - rise High - rise services management DR. CR. segment segment services Revenues Sales 729,144 342,326 - - - 1,071,470 - - 1,071,470 Service income for rent - - 12,500 - 5,104 17,604 (2,052) - 15,552 Other income 8,385 4,455 - 3 45 12,888 (2,085) - 10,803 Total revenues 737,529 346,781 12,500 3 5,149 1,101,962 1,097,825 Expenses Cost of sales 504,658 218,162 - - - 722,820 - (189) 722,631 Cost for rent and service - - 12,853 - 2,761 15,614 - - 15,614 Selling expenses 94,416 36,205 - - - 130,621 - - 130,621 Administrative expenses 99,363 29,964 523 1,050 2,732 133,632 - (2,110) 131,522 Management benefit expenses 15,585 7,317 - - - 22,902 - - 22,902 Finance cost 38,553 12,534 2,936 2,406 135 56,564 - (2,028) 54,536 Total expenses 752,575 304,182 16,312 3,456 5,628 1,082,153 1,077,826 Income (loss) by segments (15,046) 42,599 (3,812) (3,453) (479) 19,809 19,999 Tax expenses (income) 4,901 Profit (loss) for the period 15,098 As at September 30, 2016 Investment property - - 216,800 - - 216,800 216,800 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 124,514 3,489 770 1,565 30 130,368 130,368 “UNAUDITED” “REVIEWED” 24. COMMITMENT AND CONTINGENT LIABILITIES 24.1 The Company has entered into lease for the commercial buildings, sale office building, land and other services. As at June 30, 2017, the Company is obligated to pay the rent and service as follows: Payable within: Million Baht 1 year 2.08 More than 1 year to 3 years 0.72 24.2 As at September 30, 2017, the Company and its subsidiaries had contingent liabilities from letters of guarantees issued by three banks to government agency and third parties (see Note 8) as follows: - Guarantee for electricity, water and others 14.21 13.81 - Guarantee fund for maintenance of public utilities 191.54 191.54 24.3 As at September 30, 2017, the Company had contingent liabilities to a bank from the guarantee on the customer’s loan amounting to Baht 0.65 million and gasoline amounting to Baht 0.22 million (see Note 8). 24.4 As at September 30, 2017, the Company had lawsuit on charges in the civil case of Pattaya Court. The black case number is Por.Bor 1075/2560 from Baanfah Greenery North Pattaya juristic person “plaintiff’. The plaintiff sued the defendant on breach of contract claiming damages for a capital amount Baht 14.80 million. As the public utilities of such project have been damaged, the juristic person of the housing estate did not accept the transfer of central utilities. Presently, the case is under consideration of the Civil Court.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threesix-month periods ended March 31June 30, 2019 and 2018 and 2017 by segments are as follows: For the three-month period ended March 31June 30, 2019 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 194,797 18,344 - - - 213,141 - - 213,141 Rental income and service - - 4,099 - 1,912 6,011 (715) - 5,296 Other income 1,503 12 - - 1 1,516 (19) - 1,497 Total revenues 196,300 18,356 4,099 - 1,913 220,668 219,934 Expenses Cost of sales 129,764 10,373 - - - 140,137 - - 140,137 Cost for rent and service - - 4,270 - 881 5,151 - - 5,151 Selling expenses 31,040 4,220 - - - 35,260 - - 35,260 Administrative expenses 24,363 6,569 3,428 9 542 34,911 - (734) 34,177 Management benefit expenses 7,769 807 141 - - 8,717 - - 8,717 Finance cost 8,598 - 1,132 - 52 9,782 - - 9,782 Total expenses 201,534 21,969 8,971 9 1,475 233,958 233,224 Income (loss) by segments (5,234) (3,613) (4,872) (9) 438 (13,290) (13,290) Tax expenses (income) (3,707) Profit (loss) for the period (9,583) For the three-month period ended June 30, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 342,168 55,458 - - - 395,944 397,626 - - 395,944 397,626 Rental income and service - - 4,152 4,219 - 1,639 5,791 2,070 6,289 (400720) - 5,391 5,569 Other income 2,045 181 5 1 3,173 92 6 - 2 2,234 3,273 (792711) - 1,442 2,562 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 345,341 55,550 4,225 - 2,072 407,188 405,757 Expenses Cost of sales 215,452 45,862 223,169 32,268 - - - 261,314 255,437 - - 261,314 255,437 Cost for rent and service - - 4,293 4,270 - 1,073 5,366 892 5,162 - - 5,366 5,162 Selling expenses 47,593 11,212 44,176 5,968 - - - 58,805 50,144 - - 58,805 50,144 Administrative expenses 24,107 13,546 1,398 34 829 39,914 27,153 11,250 333 33 691 39,460 - (419739) 39,495 38,721 Management benefit expenses 6,874 1,602 89 7,246 1,162 88 - - 8,565 8,496 - - 8,565 8,496 Finance cost 11,461 3,269 5,215 731 49 20,725 17,165 3,511 1,184 732 52 22,644 - (773692) 19,952 21,952 Total expenses 305,487 75,491 10,995 318,909 54,159 5,875 765 1,951 394,689 393,497 1,635 381,343 379,912 Income (loss) by segments 17,432 26,432 1,391 (2401,650) (6,838765) (764) (310) 9,280 9,280 437 25,845 25,845 Tax expenses (income) 2,552 - - - - 2,552 2,552 6,214 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 19,631 For the threesix-month period ended March 31June, 2017 2019 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 550,713 63,987 - - - 354,508 614,700 - - 354,508 Rental 614,700 Service income and service for rent - - 3,806 8,268 - 1,550 5,356 3,757 12,025 (6601,270) - 4,696 10,755 Other income 1,964 709 5 2,798 169 10 1 1 2,680 7 2,985 (82538) - 1,855 2,947 Total revenues 295,622 61,559 3,811 553,511 64,156 8,278 1 1,551 362,544 361,059 3,764 629,710 628,402 Expenses Cost of sales 196,495 38,338 357,808 38,053 - - - 234,833 395,861 - - 234,833 395,861 Cost for rent and of service 22 - 4,356 - 877 5,255 - - 5,255 8,396 - 1,825 10,221 - - 10,221 Selling expenses 39,330 4,687 76,121 8,393 - - - 44,017 84,514 - - 44,017 84,514 Administrative expenses 36,244 8,340 304 294 842 46,024 53,387 15,605 3,706 21 1,159 73,878 - (6791,308) 45,345 72,570 Management benefit expenses 7,984 15,400 1,785 230 - - 17,415 - - 7,984 - - 7,984 17,415 Finance cost 12,321 2,947 1,319 763 52 17,402 18,729 8 2,211 7 105 21,060 - (805) 16,597 21,060 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 521,445 63,844 14,543 28 3,089 602,949 601,641 Income (loss) by segments 3,226 7,247 32,066 312 (2,1686,265) (1,05627) (220) 7,029 7,028 675 26,761 26,761 Tax expenses (income) 1,713 3,521 Profit (loss) for the period 5,315 23,240 As at March 31June 30, 2017 2019 Investment property - - 211,738 191,047 - - 211,738 211,738 191,047 191,047 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 101,723 471 403 1 31 102,629 102,629 For the six-month period ended June, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 663,042 130,528 - - - 793,570 - - 793,570 Service income for rent - - 8,371 - 3,709 12,080 (1,120) - 10,960 Other income 5,217 273 11 1 5 5,507 (1,503) - 4,004 Total revenues 668,259 130,801 8,382 1 3,714 811,157 808,534 Expenses Cost of sales 438,621 78,130 - - - 516,751 - - 516,751 Cost of service - - 8,563 - 1,965 10,528 - - 10,528 Selling expenses 91,769 17,180 - - - 108,949 - - 108,949 Administrative expenses 51,259 24,796 1,731 68 1,520 79,374 - (1,158) 78,216 Management benefit expenses 14,120 2,764 177 - - 17,061 - - 17,061 Finance cost 32,649 6,780 2,376 1,463 101 43,369 - (1,465) 41,904 Total expenses 628,418 129,650 12,847 1,531 3,586 776,032 773,409 Income (loss) by segments 39,841 1,151 (4,465) (1,530) 128 35,125 35,125 Tax expenses (income) 8,766 Profit (loss) for the period 26,359 As at June 30, 2018 Investment property - - 199,073 - - 199,073 199,073 Property, plant and equipment 109,811 1,032 694 1 10 111,548 111,548 24.1 The Company has entered into lease for the commercial buildings, sale office building, land and other services. As at June 30, 2019, the Company is obligated to pay the rent and service as follows: Payable within: Million Baht 1 year 2.80 More than 1 year to 3 years 2.67 24.2 As at June 30, 2019, the Company has a commitment of a building construction agreement with the value to be paid in the future of Baht 8.57 million. 24.3 As at June 30, 2019, the Company and its subsidiaries had contingent liabilities from letters of guarantees issued by three banks to government agency and third parties (see Note 8) as follows: Consolidated Financial Statements Separate Financial Statements - Guarantee for electricity, water and others 8.02 7.62 - Guarantee fund for maintenance of public utilities 160.33 160.33 24.4 As at June 30, 2019, the Company had contingent liabilities to a bank from the guarantee on the customer’s loan amounting to Baht 0.65 million and gasoline amounting to Baht 0.20 million (see Note 8). 24.5 As at June 30, 2019, the Company has the following lawsuits: 24.5.1 As at June 30, 2019, the Company has lawsuit on the civil case of Pattaya court black court case No.Por.564/2560 with the juristic person of Bayview Resort UNAUDITED” plaintiff”. The plaintiff sued the Company on the servitude charges related to the road passage and utilities to the land of the plaintiff. On October 30, 2018, the court scheduled the hearing. The court ruled to dismiss the case on the plaintiff in all matter. The case is pending the plaintiff’s appeal. Later, the plaintiff filed an appeal claiming to obtain the servitude in both plots of land with the limitation period. But, the right in this land was obtained from Thai Asset Management Corporation. It requires counting a new period from the ruling to the final until the case suing date which has not reached 10 years. On March 28, 2019, the court scheduled a hearing for temporary protection in the appeal phase. The court thinks that the plaintiff asks to force the defendant to register the disputed passage as a land servitude to the plaintiff. Later, the plaintiff closed the disputed passage not allowing the plaintiff to use the disputed passage in the public. The plaintiff still has other passage that the plaintiff can access the public thus not have enough cause to apply such protection method. It has an instruction to dismiss the case and cost of execution. Presently, the case is under appeal correction and due for appeal correction to court on May 30, 2019. On May 31, 2019, the Company has already taken action to file the appeal correction to court. Presently, the case is under consideration of the Appeal Court. 24.5.2 As at June 30, 2019, the Company has a lawsuit on the civil case of Pattaya court black case No. Por.411/2561 with a juristic person Bayview Resort REVIEWEDdefendant. The Company sued the defendant on expelsion charges claiming damage with the cost Baht 0.61 million. The case is under witness investigation. On February 15, 2019, the court scheduled the witness investigation. The plaintiff and defendant, lawyer of defendant announced that defendant has discussed about it and agreed that defendant will end the use and benefit in the 2 plots of the disputed land including removing assets and dependents from the 2 plots of the disputed land. From June 8, 2018, the defendant agreed to follow the judgment of the final court in the civil case red case No. 1435/2561. The defendant agreed to revoke such appeal case and asked the court to order to dismiss the case temporarily to wait for the ultimate decision of such lawsuit. Later, as the defendant did not dismiss the appeal, the plaintiff does not intend to dismiss the lawsuit. The court has considered and thinks that the main excuse of the charges in extending the case of the defendant in this case is the same excuse with the one filed to sue the plaintiff by the defendant in the red case No. 1435/2561. In considering whether the defendant in this case has breached or not, the hearing of the fact has to be finalized if the defendant has the right to legally use the plaintiff’s land. This case is related to the civil case red case No.1435/2561. In this case, the court views that the case should be dismissed temporarily to hear the ultimate outcome. When the case is final, the plaintiff will announce to consider the case in the next step. Presently, the court has an instruction to dismiss the case temporarily to hear the civil case red case No. 1435/2561. When the case is final, it will announce to court to reconsider the case in the next step.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and three-month periods ended March 31, 2018 2021 and 2017 2020 by segments are as follows: For the three-month period ended March 31, 2018 2021 (In Thousand Baht) Revenues Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise segment High - rise segment segment Rental and services Contractor Property management services Total Elimination and wellness DR. CR. Consolidated Revenues Sales 320,874 75,070 876,731 14,168 - - - 395,944 - 890,899 - - 395,944 890,899 Income from the construction - - - 35,194 - - 35,194 (35,194) - - Rental income and service - - 4,152 5,201 - 1,639 5,791 1,972 3,055 10,228 (4002,395) - 5,391 7,833 Other income 2,045 181 5 1 3,765 14 4 34 2 2,234 40 3,859 (792215) - 1,442 3,644 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 880,496 14,182 5,205 35,228 1,974 3,095 940,180 902,376 Expenses Cost of sales 215,452 45,862 625,622 9,056 - - - 261,314 - 634,678 - - 261,314 634,678 Construction cost - - - 28,024 - - 28,024 - (28,024) - Cost for rent and service - - 4,293 5,369 - 1,073 5,366 1,470 5,612 12,451 - - 5,366 (1,439) 11,012 Selling expenses 47,593 11,212 64,093 3,619 - - - 58,805 - 67,712 - - 58,805 67,712 Administrative expenses 24,107 13,546 1,398 34 829 39,914 59,170 14,▇▇▇ ▇▇▇ ▇▇▇ 543 2,755 78,029 - (4191,023) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 77,006 Finance cost 11,461 3,269 5,215 731 49 20,725 3,320 - 1,020 - 37 568 4,945 - (773428) 19,952 4,517 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 752,205 27,123 6,772 28,754 2,050 8,935 825,839 794,925 Income (loss) by segments 17,432 128,291 (24012,941) (6,8381,567) 6,474 (76) (7645,840) (310) 9,280 9,280 114,341 107,451 Tax expenses (income) 2,552 - - - - 2,552 2,552 29,385 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31, 2017 (In Thousand Baht) Revenues 78,066 Real Estate Low - rise Rental and Contractor Property Intermediate care Total Elimination Consolidated High - rise segment segment Rental services management and services Contractor Property management services Total Elimination wellness DR. CR. Consolidated Sales 293,658 60,850 302,170 26,810 - - - 354,508 - 328,980 - - 354,508 328,980 Rental income and service - - 3,806 2,156 - 1,550 5,356 1,823 138 4,117 (6601,706) - 4,696 2,411 Other income 1,964 709 5 1 1 2,680 1,811 67 8 19 13 19 1,937 (82538) - 1,855 1,899 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 Expenses 303,981 26,877 2,164 19 1,836 157 335,034 333,290 Cost of sales 196,495 38,338 210,867 17,670 - - - 234,833 - 228,537 - - 234,833 228,537 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 4,184 - 966 799 5,949 - - 5,949 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 30,780 3,525 - - - - 7,984 34,305 - - 7,984 34,305 Administrative expenses 38,720 6,314 450 11 637 1,807 47,939 - (1,726) 46,213 Finance cost 12,321 2,947 1,319 763 52 17,402 8,563 - 926 - 45 18 9,552 - (80518) 16,597 9,534 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 288,930 27,509 5,560 11 1,648 2,624 326,282 324,538 Income (loss) by segments 3,226 7,247 15,051 (2,168632) (1,0563,396) 8 188 (2202,467) 7,029 7,028 8,752 8,752 Tax expenses (income) 1,713 1,390 Profit (loss) for the period 5,315 7,362 28.1 Operating lease commitments As at March 31, 2017 Investment property - - 211,738 - - 211,738 211,738 Property2021, plant the Company and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”its subsidiaries had future minimum lease payments under these operating leases contracts were as follows.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and three-month periods ended March 31, 2018 2020 and 2017 2019 by segments are as follows: For the three-month period ended March 31, 2018 2020 (In Thousand Baht) Real Estate Rental and Contractor Property กิจการศูนย์ Total Elimination Consolidated Low - rise High - rise services management ดูแลผูพ้ กั ฟ้ื น DR. CR. Revenues segment segment services Sales 302,170 26,810 - - - - 328,980 - - 328,980 Rental income and service - - 2,156 - 1,823 138 4,117 (1,706) - 2,411 Other income 1,811 67 8 19 13 19 1,937 (38) - 1,899 Total revenues 303,981 26,877 2,164 19 1,836 157 335,034 333,290 Expenses Cost of sales 203,000 17,670 - - - - 220,670 - - 220,670 Cost of sales - - 4,184 - 966 799 5,949 - - 5,949 Cost for rent and service 38,647 3,525 - - - - 42,172 - - 42,172 Selling expenses 38,720 6,314 450 11 637 1,807 47,939 - (1,726) 46,213 Administrative expenses 8,563 - 926 - 45 18 9,552 - (18) 9,534 Total expenses 288,930 27,509 5,560 11 1,648 2,624 326,282 324,538 Income (loss) by segments Tax expenses (income) 15,051 (632) (3,396) 8 188 (2,467) 8,752 8,752 Profit (loss) for the period 1,390 As at March 31, 2020 7,362 As at March 31, 2020 Investment property - - 200,423 - - - 200,423 200,423 Property, plant and equipment 85,197 251 317 - 24 8,472 94,261 94,261 For the three-month period ended March 31, 2019 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 355,916 45,643 - - - 395,944 401,559 - - 395,944 401,559 Rental income and service - - 4,152 4,169 - 1,639 5,791 1,845 6,014 (400555) - 5,391 5,459 Other income 2,045 181 5 1,296 157 9 1 2 2,234 6 1,469 (79219) - 1,442 1,450 Total revenues 322,919 75,251 4,157 357,212 45,800 4,178 1 1,641 403,969 402,777 1,851 409,042 408,468 Expenses Cost of sales 215,452 45,862 228,043 27,681 - - - 261,314 255,724 - - 261,314 255,724 Cost for rent and service - - 4,293 4,126 - 1,073 5,366 944 5,070 - - 5,366 5,070 Selling expenses 47,593 11,212 45,082 4,172 - - - 58,805 49,254 - - 58,805 49,254 Administrative expenses 24,107 13,546 1,398 34 829 39,914 29,025 9,036 277 10 619 38,967 - (419574) 39,495 38,393 Management benefit expenses 6,874 1,602 7,631 978 89 - - 8,565 8,698 - - 8,565 8,698 Finance cost 11,461 3,269 5,215 731 49 20,725 10,131 7 1,080 7 53 11,278 - (773) 19,952 - 11,278 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 319,912 41,874 5,572 17 1,616 368,991 368,417 Income (loss) by segments 17,432 37,300 3,926 (2401,394) (6,83816) (764) (310) 9,280 9,280 235 40,051 40,051 Tax expenses (income) 2,552 - - - - 2,552 2,552 7,228 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 32,823 As at March 31, 2018 2019 Investment property - - 201,600 189,594 - - 201,600 201,600 189,594 189,594 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For 103,655 562 480 - 5 104,702 104,702 29.1 Operating lease commitments The Company and its subsidiaries have entered into several lease agreements for office buildings, land and building for base stations. The terms of the three-month period ended March 31, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DRagreements are generally 3 years. CR. Consolidated Sales 293,658 60,850 - - - 354,508 - - 354,508 Rental income and service - - 3,806 - 1,550 5,356 (660) - 4,696 Other income 1,964 709 5 1 1 2,680 (825) - 1,855 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 Expenses Cost of sales 196,495 38,338 - - - 234,833 - - 234,833 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 - - - - 7,984 - - 7,984 Finance cost 12,321 2,947 1,319 763 52 17,402 - (805) 16,597 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 Income (loss) by segments 3,226 7,247 (2,168) (1,056) (220) 7,029 7,028 Tax expenses (income) 1,713 Profit (loss) for the period 5,315 As at March 31, 2017 Investment property - - 211,738 - - 211,738 211,738 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”2020 future minimum lease payments under these operating leases contracts were as follows.

Appears in 1 contract

Sources: Independent Auditor’s Report

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threenine-month periods ended March 31September 30, 2018 2021 and 2017 2020 by segments are as follows: For the three-month period ended March 31September 30, 2018 2021 (In Thousand Baht) Revenues Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise High - rise segment segment Rental services management and services Contractor Property management services Total Elimination wellness DR. CR. Consolidated Revenues segment services Sales 320,874 75,070 484,843 - - - 395,944 - - 395,944 484,843 - - 484,843 Income from the construction - - - 32,615 - - 32,615 (32,615) - - Rental income and service - - 4,152 2,700 - 1,639 5,791 2,033 3,179 7,912 (4003,341) - 5,391 4,571 Other income 2,045 181 5 1 2 2,234 1,707 4 3 1,501 - 3 3,218 (792411) - 1,442 2,807 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 486,550 4 2,703 34,116 2,033 3,182 528,588 492,221 - 48,035 Expenses Cost of sales 215,452 45,862 322,794 53 - - - 261,314 - 322,847 - Construction cost - - 261,314 - 27,912 - - 27,912 - Cost for rent and service - - 4,293 5,577 - 1,073 5,366 1,306 7,558 14,441 - - 5,366 Selling expenses 47,593 11,212 Distribution costs 47,740 295 - - - 58,805 - 48,035 - 58,805 Administrative expenses 24,107 13,546 1,398 34 829 39,914 50,105 2,235 323 2,214 546 2,530 57,953 - (4191,128) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 56,825 Finance cost 11,461 3,269 5,215 731 49 20,725 2,073 - 1,077 42 38 751 3,981 - (773705) 19,952 3,276 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 422,712 2,583 6,977 30,168 1,890 10,839 475,169 441,540 Income (loss) by segments 17,432 63,838 (2402,579) (6,8384,274) 3,948 143 (7647,657) (310) 9,280 9,280 53,419 50,681 Tax expenses (income) 2,552 - - - - 2,552 2,552 14,546 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 36,135 For the three-month period ended March 31September 30, 2017 2020 (In Thousand Baht) Revenues Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise High - rise segment segment Rental services management and services Contractor Property management services Total Elimination wellness DR. CR. Consolidated Revenues segment services Sales 293,658 60,850 319,616 11,146 - - - 354,508 - 330,762 - - 354,508 330,762 Income from the construction - - - - - - - - - - Rental income and service - - 3,806 2,139 - 1,550 5,356 1,862 1,487 5,488 (6601,832) - 4,696 3,656 Other income 1,964 709 5 2,794 7 9 14 1 1 2,680 170 2,995 (82533) - 1,855 2,962 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 322,410 11,153 2,148 14 1,863 1,657 339,245 337,380 Expenses Cost of sales 196,495 38,338 221,016 7,576 - - - 234,833 - 228,592 - - 234,833 228,592 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 3,634 - 1,092 1,839 6,565 - - 6,565 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 32,297 1,754 - - - - 7,984 34,051 - (1) 34,050 Administrative expenses 55,069 5,112 467 96 451 2,758 63,953 - 7,984 (1,851) 62,102 Finance cost 12,321 2,947 1,319 763 52 17,402 5,505 - 670 - 36 48 6,259 - (80514) 16,597 6,245 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 313, 887 14,442 4,771 96 1,579 4,645 339,420 337,554 Income (loss) by segments 3,226 7,247 8,523 (2,1683,289) (1,0562,623) (22082) 7,029 7,028 284 (2,988) (175) (174) Tax expenses (income) 1,713 1,557 Profit (loss) for the period 5,315 (1,731) Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise High - rise services management and wellness DR. CR. segment segment services Revenues Sales 1,872,365 14,168 - - - - 1,886,533 - - 1,886,533 Income from the construction - - - 106,867 - - 106,867 (106,867) - - Rental income and service - - 12,390 - 6,005 9,821 28,216 (8,960) - 19,256 Other income 5,393 30 11 1,569 4 87 7,094 (946) - 6,148 Total revenues 1,877,758 14,198 12,401 108,436 6,009 9,908 2,028,710 1,911,937 Expenses Cost of sales 1,289,743 9,162 - - - - 1,298,905 - (2,845) 1,296,060 Construction cost - - - 87,877 - - 87,877 - (85,965) 1,912 Cost for rent and service - - 15,507 - 4,066 19,708 39,281 - (5,317) 33,964 Distribution costs 158,727 3,559 - - - - 162,286 - - 162,286 Administrative expenses 159,976 9,486 1,200 3,925 1,553 9,118 185,258 - (3,181) 182,077 Finance cost 8,347 - 3,203 79 112 2,035 13,776 - (1,770) 12,006 Total expenses 1,616,793 22,207 19,910 91,881 5,731 30,861 1,787,383 1,688,305 Income (loss) by segments 260,965 (8,009) (7,509) 16,555 278 (20,953) 241,327 223,632 Tax expenses (income) 60,428 Profit (loss) for the period 163,204 Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated High - rise services management and wellness DR. CR. segment segment services Sales 1,124,120 55,758 - - - - 1,179,878 - - 1,179,878 Income from the construction - - - - - - - - - - Service income for rent - - 5,823 - 5,522 2,515 13,860 (4,909) - 8,951 Other income 6,639 77 27 269 15 274 7,301 (137) - 7,164 Total revenues 1,130,759 55,835 5,850 269 5,537 2,789 1,201,039 1,195,993 Expenses Cost of sales 763,007 36,844 - - - - 799,851 - - 799,851 Cost of service - - 11,793 - 3,110 4,024 18,927 - - 18,927 Selling expenses 101,557 8,133 - - - - 109,690 - (1) 109,689 Administrative expenses 141,222 17,050 1,263 122 1,915 6,122 167,694 - (4,966) 162,728 Finance cost 21,315 - 2,343 - 125 113 23,896 - (80) 23,816 Total expenses 1,027,101 62,027 15,399 122 5,150 10,259 1,120,058 1,115,011 Income (loss) by segments 103,658 (6,192) (9,549) 147 387 (7,470) 80,981 80,982 Tax expenses (income) 16,047 Profit (loss) for the period 64,935 30.1 Operating lease commitments As at March 31September 30, 2017 Investment property - - 211,738 - - 211,738 211,738 Property2021, plant the Company and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”its subsidiaries had future minimum lease payments under these operating leases contracts were as follows.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threesix-month periods ended March 31June 30, 2018 2021 and 2017 2020 by segments are as follows: For the three-month period ended March 31June 30, 2018 2021 (In Thousand Baht) Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise High - rise services management and wellness DR. CR. Revenues segment services Sales 510,791 - - - - - 510,791 - - 510,791 Income from the construction - - - 39,058 - - 39,058 (39,058) - - Rental income and service - - 4,489 - 2,001 3,587 10,077 (3,225) - 6,852 Other income 4,866 14 4 34 2 44 4,964 (320) - 4,644 Total revenues 515,657 14 4,493 39,092 2,003 3,631 564,890 522,287 Expenses Cost of sales 341,328 52 - - - - 341,380 996 - 342,376 Construction cost - - - 31,925 - - 31,925 - (31,925) - Cost for rent and service - - 4,560 - 1,291 6,538 12,389 - (1,939) 10,450 Distribution costs 46,334 205 - - - - 46,539 - - 46,539 Administrative expenses 45,435 3,017 494 997 464 3,833 54,240 - (1,031) 53,209 Finance cost 2,955 - 1,105 35 37 717 4,849 - (636) 4,213 Total expenses 436,052 3,274 6,159 32,957 1,792 11,088 491,322 456,787 Income (loss) by segments 79,605 (3,260) (1,666) 6,135 211 (7,457) 73,568 65,500 Tax expenses (income) 16,497 Profit (loss) for the period 49,003 Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated High - rise services management and wellness DR. CR. Revenues Sales 502,334 17,802 - - - - 520,136 - - 520,136 Rental income and service - - 1,528 - 1,837 889 4,254 (1,370) - 2,884 Other income 2,033 4 10 235 2 86 2,370 (67) - 2,303 Total revenues 504,367 17,806 1,538 235 1,839 975 526,760 525,323 Expenses Cost of sales 331,123 11,599 - - - - 342,722 - - 342,722 Cost for rent and service - - 3,975 - 1,053 1,385 6,413 - - 6,413 Distribution costs 38,480 2,854 - - - - 41,334 - - 41,334 Administrative expenses 47,434 5,625 345 16 827 1,556 55,803 - (1,390) 54,413 Finance cost 7,248 - 746 - 43 47 8,084 - (47) 8,037 Total expenses 424,285 20,078 5,066 16 1,923 2,988 454,356 452,919 Income (loss) by segments 80,082 (2,272) (3,528) 219 (84) (2,013) 72,404 72,404 Tax expenses (income) 13,100 Profit (loss) for the period 59,304 For the six-month period ended June 30, 2021 (In Thousand Baht) Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise High - rise services management and wellness DR. CR. segment segment services Revenues Sales 1,387,522 14,168 - - - - 1,401,690 - - 1,401,690 Income from the construction - - - 74,252 - - 74,252 (74,252) - - Rental income and service - - 9,690 - 3,972 6,642 20,304 (5,619) - 14,685 Other income 8,631 28 8 68 4 84 8,823 (535) - 8,288 Total revenues 1,396,153 14,196 9,698 74,320 3,976 6,726 1,505,069 1,424,663 Expenses Cost of sales 966,949 9,109 - - - - 976,058 1,012 - 977,070 Construction cost - - - 59,965 - - 59,965 - (59,965) - Cost for rent and service - - 9,930 - 2,760 12,150 24,840 - (3,378) 21,462 Distribution costs 110,427 3,824 - - - - 114,251 - - 114,251 Administrative expenses 115,372 6,697 877 1,711 1,007 6,588 132,252 - (2,053) 130,199 Finance cost 6,275 - 2,125 35 75 1,285 9,795 - (1,065) 8,730 Total expenses 1,199,023 19,630 12,932 61,711 3,842 20,023 1,317,161 1,251,712 Income (loss) by segments 197,130 (5,434) (3,234) 12,609 134 (13,297) 187,908 172,951 Tax expenses (income) 45,882 Profit (loss) for the period 127,069 For the six-month period ended June 30, 2020 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Intermediate care and wellness Total Elimination Consolidated DR. CR. Consolidated Sales 320,874 75,070 804,504 44,612 - - - 395,944 - 849,116 - - 395,944 Rental 849,116 Service income and service for rent - - 4,152 3,684 - 1,639 5,791 3,660 1,028 8,372 (4003,077) - 5,391 5,295 Other income 2,045 181 5 1 2 2,234 3,845 70 18 254 14 105 4,306 (792104) - 1,442 4,202 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 808,349 44,682 3,702 254 3,674 1,133 861,794 858,613 Expenses Cost of sales 215,452 45,862 541,990 29,269 - - - 261,314 - 571,259 - - 261,314 571,259 Cost for rent and service - - 4,293 8,159 - 1,073 5,366 2,018 2,185 12,362 - - 5,366 Selling expenses 47,593 11,212 12,362 Distribution costs 69,260 6,379 - - - 58,805 - 75,639 - - 58,805 75,639 Administrative expenses 24,107 13,546 1,398 34 829 39,914 86,154 11,937 796 26 1,464 3,364 103,741 - (4193,115) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 100,626 Finance cost 11,461 3,269 5,215 731 49 20,725 15,811 - 1,672 - 88 66 17,637 - (77366) 19,952 17,571 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 713,215 47,585 10,627 26 3,570 5,615 780,638 777,457 Income (loss) by segments 17,432 95,134 (2402,903) (6,8386,925) 228 104 (7644,482) (310) 9,280 9,280 81,156 81,156 Tax expenses (income) 2,552 - - - - 2,552 2,552 14,490 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 66,666 29.1 Operating lease commitments As at March 31June 30, 2018 Investment property - - 201,600 - - 201,600 201,600 Property2021, plant the Company and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 - - - 354,508 - - 354,508 Rental income and service - - 3,806 - 1,550 5,356 (660) - 4,696 Other income 1,964 709 5 1 1 2,680 (825) - 1,855 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 Expenses Cost of sales 196,495 38,338 - - - 234,833 - - 234,833 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 - - - - 7,984 - - 7,984 Finance cost 12,321 2,947 1,319 763 52 17,402 - (805) 16,597 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 Income (loss) by segments 3,226 7,247 (2,168) (1,056) (220) 7,029 7,028 Tax expenses (income) 1,713 Profit (loss) for the period 5,315 As at March 31, 2017 Investment property - - 211,738 - - 211,738 211,738 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”its subsidiaries had future minimum lease payments under these operating leases contracts were as follows.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threesix-month periods ended March 31June 30, 2018 2016 and 2017 2015 by segments are as follows: For the three-month period ended March 31June 30, 2018 2016 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 290,124 179,595 - - - 395,944 469,719 - - 395,944 469,719 Rental income and service - - 4,152 4,058 - 1,639 5,791 1,738 5,796 (400675) - 5,391 5,121 Other income 2,045 181 5 2,703 853 - 1 2 2,234 3,559 (792858) - 1,442 2,701 Total revenues 322,919 75,251 4,157 292,827 180,448 4,058 1 1,641 403,969 402,777 1,740 479,074 477,541 Expenses Cost of sales 215,452 45,862 198,581 107,887 - - - 261,314 306,468 - - 261,314 306,468 Cost for rent and service - - 4,293 4,204 - 1,073 5,366 935 5,139 - - 5,366 5,139 Selling expenses 47,593 11,212 33,185 14,767 - - - 58,805 47,952 - - 58,805 47,952 Administrative expenses 24,107 13,546 1,398 34 829 39,914 30,471 13,812 314 329 932 45,858 - (419694) 39,495 45,164 Management benefit expenses 6,874 1,602 89 4,571 3,084 - - 8,565 - 7,655 - - 8,565 7,655 Finance cost 11,461 3,269 5,215 731 49 20,725 13,332 8,140 1,465 795 50 23,782 - (773839) 19,952 22,943 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 280,140 147,690 5,983 1,124 1,917 436,854 435,321 Income (loss) by segments 17,432 12,687 32,758 (2401,925) (6,8381,123) (764177) (310) 9,280 9,280 42,220 42,220 Tax expenses (income) 2,552 - - - - 2,552 2,552 8,768 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31, 2017 (In Thousand Baht) Revenues 33,452 Real Estate Rental and Contractor Property Total Elimination Consolidated Revenues Low - rise segment High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 407,457 196,720 - - - 354,508 604,177 - - 354,508 604,177 Construction income - - - 10,647 - 10,647 (10,647) - - Rental income and service - - 3,806 1,068 - 1,550 5,356 1,893 2,961 (660810) - 4,696 2,151 Other income 1,964 709 5 2,080 221 - 1 1 2,680 2 2,304 (825180) - 1,855 2,124 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 409,537 196,941 1,068 10,648 1,895 620,089 608,452 Expenses Cost of sales 196,495 38,338 275,407 132,899 - - - 234,833 408,306 - - 234,833 408,306 Cost of construction - - - 10,659 - 10,659 - (10,659) - Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 3,979 - 994 4,973 - - 4,973 Selling expenses 39,330 4,687 43,514 20,061 - - - 44,017 63,575 - - 44,017 63,575 Administrative expenses 36,244 8,340 304 294 842 46,024 41,500 3,027 841 340 880 46,588 - (679829) 45,345 45,759 Management benefit expenses 7,984 7,458 - - - - 7,984 2 7,460 - - 7,984 7,460 Finance cost 12,321 2,947 1,319 763 52 17,402 16,593 3,080 1,507 729 14 21,923 - (805161) 16,597 21,762 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 384,472 159,067 6,327 11,728 1,890 563,484 551,835 Income (loss) by segments 3,226 7,247 25,065 37,874 (2,1685,259) (1,0561,080) (220) 7,029 7,028 5 56,605 56,617 Tax expenses (income) 1,713 11,824 Profit (loss) for the period 5,315 44,793 For the six-month period ended June, 2016 (In Thousand Baht) Real Estate Rental and Contractor Property Total Elimination Consolidated Low - rise High - rise services management DR. CR. segment segment services Revenues Sales 518,552 265,451 - - - 784,003 - - 784,003 Service income for rent - - 8,437 - 3,555 11,992 (1,370) - 10,622 Other income 6,897 3,388 - 2 44 10,331 (1,219) - 9,112 Total revenues 525,449 268,839 8,437 2 3,599 806,326 803,737 Expenses Cost of sales 355,479 169,612 - - - 525,091 - (188) 524,903 Cost of service - - 9,143 - 1,911 11,054 - - 11,054 Selling expenses 66,383 24,775 - - - 91,158 - - 91,158 Administrative expenses 61,867 26,071 523 660 1,820 90,941 - (1,408) 89,533 Management benefit expenses 10,061 5,148 - - - 15,209 - - 15,209 Finance cost 26,600 14,523 2,936 1,601 84 45,744 - (1,181) 44,563 Total expenses 520,390 240,129 12,602 2,261 3,815 779,197 776,420 Income (loss) by segments 5,059 28,710 (4,165) (2,259) (216) 27,129 27,317 Tax expenses (income) 6,124 Profit (loss) for the period 21,193 As at March 31June 30, 2017 2016 Investment property - - 211,738 219,334 - - 211,738 211,738 219,334 219,334 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”127,163 3,686 816 1,868 37 133,570 133,570 For the six-month period ended June 30, 2015 (In Thousand Baht)

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and three-month periods ended March 31, 2019 and 2018 and 2017 by segments are as follows: For the three-month period ended March 31, 2019 (In Thousand Baht) Real Estate Rental and Contractor Property Total Elimination Consolidated Revenues segment services Sales 355,916 45,643 - - - 401,559 - - 401,559 Rental income and service - - 4,169 - 1,845 6,014 (555) - 5,459 Other income 1,296 157 9 1 6 1,469 (19) - 1,450 Total revenues 357,212 45,800 4,178 1 1,851 409,042 408,468 Expenses Cost of sales 228,043 27,681 - - - 255,724 - - 255,724 Cost for rent and service - - 4,126 - 944 5,070 - - 5,070 Selling expenses 45,082 4,172 - - - 49,254 - - 49,254 Administrative expenses 29,025 9,036 277 10 619 38,967 - (574) 38,393 Management benefit expenses 7,631 978 89 - - 8,698 - - 8,698 Finance cost 10,131 7 1,080 7 53 11,278 - - 11,278 Total expenses 319,912 41,874 5,572 17 1,616 368,991 368,417 Income (loss) by segments 37,300 3,926 (1,394) (16) 235 40,051 40,051 Tax expenses (income) 7,228 Profit (loss) for the period 32,823 As at March 31, 2019 Investment property - - 189,594 - - 189,594 189,594 Property, plant and equipment 103,655 562 480 - 5 104,702 104,702 For the three-month period ended March 31, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination Consolidated DR. CR. Consolidated Sales 320,874 75,070 - - - 395,944 - - 395,944 Rental income and service - - 4,152 - 1,639 5,791 (400) - 5,391 Other income 2,045 181 5 1 2 2,234 (792) - 1,442 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 Expenses Cost of sales 215,452 45,862 - - - 261,314 - - 261,314 Cost for rent and service - - 4,293 - 1,073 5,366 - - 5,366 Selling expenses 47,593 11,212 - - - 58,805 - - 58,805 Administrative expenses 24,107 13,546 1,398 34 829 39,914 - (419) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 Finance cost 11,461 3,269 5,215 731 49 20,725 - (773) 19,952 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 Income (loss) by segments 17,432 (240) (6,838) (764) (310) 9,280 9,280 Tax expenses (income) 2,552 - - - - 2,552 2,552 1,713 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 5,315 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 - - - 354,508 - - 354,508 Rental income and service - - 3,806 - 1,550 5,356 (660) - 4,696 Other income 1,964 709 5 1 1 2,680 (825) - 1,855 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 Expenses Cost of sales 196,495 38,338 - - - 234,833 - - 234,833 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 - - - - 7,984 - - 7,984 Finance cost 12,321 2,947 1,319 763 52 17,402 - (805) 16,597 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 Income (loss) by segments 3,226 7,247 (2,168) (1,056) (220) 7,029 7,028 Tax expenses (income) 1,713 Profit (loss) for the period 5,315 As at March 31, 2017 Investment property - - 211,738 - - 211,738 211,738 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”

Appears in 1 contract

Sources: Independent Auditor’s Report

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and three-month periods ended March 31, 2018 2022 and 2017 2021 by segments are as follows: For the three-month period ended March 31, 2018 2022 (In Thousand Baht) Revenues Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise High - rise segment segment Rental services management and services Contractor Property management services Total Elimination wellness DR. CR. Consolidated Revenues segment services Sales 320,874 75,070 642,587 5,601 - - - 395,944 - 648,188 - - 395,944 648,188 Income from the construction - - - 39,574 - - 39,574 (39,574) - - Rental income and service - - 4,152 - 1,639 5,791 4,380 2,192 2,193 4,629 13,394 (4003,312) - 5,391 10,082 Other income 2,045 181 5 1 2 2,234 4,330 163 4 309 60 123 4,989 (7921,205) - 1,442 3,784 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 646,917 5,764 4,384 42,075 2,253 4,752 706,145 662,054 Expenses Cost of sales 215,452 45,862 408,846 3,766 - - - 261,314 - 412,612 4,022 - 416,634 Construction cost - - 261,314 - 35,571 - - 35,571 - (35,571) - Cost for rent and service - - 4,293 4,459 2,311 1,552 7,033 15,355 - 1,073 5,366 - - 5,366 (2,228) 13,127 Selling expenses 47,593 11,212 50,871 704 - - - 58,805 - 51,575 - 58,805 (189) 51,386 Administrative expenses 24,107 13,546 1,398 34 829 39,914 54,428 2,473 338 1,753 575 1,314 60,881 - (419920) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 59,961 Finance cost 11,461 3,269 5,215 731 49 20,725 1,333 - 889 524 41 907 3,694 - (7731,352) 19,952 2,342 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 515,478 6,943 5,686 40,159 2,168 9,254 579,688 543,450 Income (loss) by segments 17,432 131,439 (2401,179) (6,8381,302) 1,916 85 (7644,502) (310) 9,280 9,280 126,457 118,604 Tax expenses (income) 2,552 - - - - 2,552 2,552 31,104 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 87,500 For the three-month period ended March 31, 2017 2021 (In Thousand Baht) Revenues Real Estate Rental and Contractor Property Intermediate care Total Elimination Consolidated Low - rise High - rise segment segment Rental services management and services Contractor Property management services Total Elimination wellness DR. CR. Consolidated Revenues segment services Sales 293,658 60,850 876,731 14,168 - - - 354,508 - 890,899 - - 354,508 890,899 Income from the construction - - - 35,194 - - 35,194 (35,194) - - Rental income and service - - 3,806 5,201 - 1,550 5,356 1,972 3,055 10,228 (6602,395) - 4,696 7,833 Other income 1,964 709 5 1 1 2,680 3,765 14 4 34 2 40 3,859 (825215) - 1,855 3,644 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 880,496 14,182 5,205 35,228 1,974 3,095 940,180 902,376 Expenses Cost of sales 196,495 38,338 625,622 9,056 - - - 234,833 - 634,678 - - 234,833 634,678 Construction cost - - - 28,024 - - 28,024 - (28,024) - Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 5,369 - 1,470 5,612 12,451 - (1,439) 11,012 Selling expenses 39,330 4,687 - - - 44,017 - - 44,017 Administrative expenses 36,244 8,340 304 294 842 46,024 - (679) 45,345 Management benefit expenses 7,984 64,093 3,619 - - - - 7,984 67,712 - - 7,984 67,712 Administrative expenses 59,170 14,▇▇▇ ▇▇▇ ▇▇▇ 543 2,755 78,029 - (1,023) 77,006 Finance cost 12,321 2,947 1,319 763 52 17,402 3,320 - 1,020 - 37 568 4,945 - (805428) 16,597 4,517 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 752,205 27,123 6,772 28,754 2,050 8,935 825,839 794,925 Income (loss) by segments 3,226 7,247 128,291 (2,16812,941) (1,0561,567) 6,474 (76) (2205,840) 7,029 7,028 114,341 107,451 Tax expenses (income) 1,713 29,385 Profit (loss) for the period 5,315 78,066 29.1 Operating lease commitments As at March 31, 2017 Investment property - - 211,738 - - 211,738 211,738 Property2022, plant the Company and equipment 110,193 2,719 656 1,017 25 114,610 114,610 “UNAUDITED” “REVIEWED”its subsidiaries had future minimum lease payments under these operating leases contracts were as follows.

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threenine-month periods ended March 31September 30, 2019 and 2018 and 2017 by segments are as follows: For the three-month period ended March September 30, 2019 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 307,544 44,052 - - - 351,596 - - 351,596 Rental income and service - - 3,354 - 1,823 5,177 (645) - 4,532 Other income 13,762 53 7 232 1 14,055 (41) - 14,014 Total revenues 321,306 44,105 3,361 232 1,824 370,828 370,142 Expenses Cost of sales 190,492 30,789 - - - 221,281 - - 221,281 Cost for rent and service - - 4,160 - 828 4,988 - - 4,988 Selling expenses 47,224 2,422 - - - 49,646 - - 49,646 Administrative expenses 42,116 11,169 344 240 742 54,611 - (664) 53,947 Management benefit expenses 7,612 1,063 76 - - 8,751 - - 8,751 Finance cost 10,632 20 1,014 23 53 11,742 - (22) 11,720 Total expenses 298,076 45,463 5,594 263 1,623 351,019 350,333 Income (loss) by segments 23,230 (1,358) (2,233) (31) 201 19,809 19,809 Tax expenses (income) 5,151 Profit (loss) for the period 14,658 For the three-month period ended September 30, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 282,319 22,342 - - - 395,944 304,661 - - 395,944 304,661 Rental income and service - - 4,152 4,365 - 1,639 5,791 1,854 6,219 (400505) - 5,391 5,714 Other income 2,045 181 5 2,997 128 2 76 1 2 2,234 3,204 (79220) - 1,442 3,184 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 285,316 22,470 4,367 76 1,855 314,084 313,559 Expenses Cost of sales 215,452 45,862 183,277 11,060 - - - 261,314 194,337 - - 261,314 194,337 Cost for rent and service - - 4,293 4,411 - 1,073 5,366 878 5,289 - - 5,366 5,289 Selling expenses 47,593 11,212 38,549 2,636 - - - 58,805 41,185 - - 58,805 41,185 Administrative expenses 24,107 13,546 1,398 34 829 39,914 27,483 7,717 345 22 727 36,294 - (419525) 39,495 35,769 Management benefit expenses 6,874 1,602 89 7,506 712 112 - - 8,565 8,330 - - 8,565 8,330 Finance cost 11,461 3,269 5,215 731 49 20,725 11,683 1,857 1,162 435 50 15,187 - (773) 19,952 - 15,187 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 268,498 23,982 6,030 457 1,655 300,622 300,097 Income (loss) by segments 17,432 16,818 (2401,512) (6,8381,663) (764381) (310) 9,280 9,280 200 13,462 13,462 Tax expenses (income) 2,552 - - - - 2,552 2,552 2,779 Profit (loss) for the period 14,880 10,683 For the nine-month period ended September, 2019 (240In Thousand Baht) Real Estate Rental and Contractor Property Total Elimination Consolidated Revenues segment segment services Sales 858,257 108,039 - - - 966,296 - - 966,296 Service income for rent - - 11,622 - 5,580 17,202 (1,915) - 15,287 Other income 16,560 222 17 233 9 17,041 (80) - 16,961 Total revenues 874,817 108,261 11,639 233 5,589 1,000,539 998,544 Expenses Cost of sales 548,300 68,842 - - - 617,142 - - 617,142 Cost of service - - 12,556 - 2,653 15,209 - - 15,209 Selling expenses 123,344 10,816 - - - 134,160 - - 134,160 Administrative expenses 95,503 26,773 4,051 260 1,903 128,490 - (1,973) 126,517 Management benefit expenses 23,012 2,848 306 - - 26,166 - - 26,166 Finance cost 29,361 28 3,225 29 159 32,802 - (22) 32,780 Total expenses 819,520 109,307 20,138 289 4,715 953,969 951,974 Income (loss) by segments 55,297 (1,046) (6,8388,499) (76456) 874 46,570 46,570 Tax expenses (310income) 6,728 6,728 8,672 Profit (loss) for the period 37,898 As at March 31September 30, 2018 2019 Investment property - - 201,600 190,627 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 190,627 190,627 For the threenine-month period ended March 31September 30, 2017 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 945,361 152,870 - - - 354,508 1,098,231 - - 354,508 Rental 1,098,231 Service income and service for rent - - 3,806 12,736 - 1,550 5,356 5,563 18,299 (6601,625) - 4,696 16,674 Other income 1,964 709 5 1 1 2,680 8,214 401 13 77 6 8,711 (8251,523) - 1,855 7,188 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 953,575 153,271 12,749 77 5,569 1,125,241 1,122,093 Expenses Cost of sales 196,495 38,338 621,898 89,190 - - - 234,833 711,088 - - 234,833 711,088 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 12,974 - 2,843 15,817 - - 15,817 Selling expenses 39,330 4,687 130,318 19,816 - - - 44,017 150,134 - - 44,017 150,134 Administrative expenses 36,244 8,340 304 294 842 46,024 78,742 32,513 2,076 90 2,247 115,668 - (6791,683) 45,345 113,985 Management benefit expenses 7,984 21,626 3,476 289 - - 25,391 - - 7,984 - - 7,984 25,391 Finance cost 12,321 2,947 1,319 763 52 17,402 44,332 8,637 3,538 1,898 151 58,556 - (8051,465) 16,597 57,091 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 896,916 153,632 18,877 1,988 5,241 1,076,654 1,073,506 Income (loss) by segments 3,226 7,247 56,659 (2,168361) (1,0566,128) (2201,911) 7,029 7,028 328 48,587 48,587 Tax expenses (income) 1,713 11,545 Profit (loss) for the period 5,315 37,042 As at March 31September 30, 2017 2018 Investment property - - 211,738 196,518 - - 211,738 211,738 Property196,518 196,518 24.1 The Company has entered into lease for the commercial buildings, plant sale office building, land and equipment 110,193 2,719 656 1,017 25 114,610 114,610 other services. As at September 30, 2019, the Company is obligated to pay the rent and service as follows: Payable within: Million Baht 1 year 2.70 More than 1 year to 3 years 2.03 24.2 As at September 30, 2019, the Company has a commitment of a building construction agreement with the value to be paid in the future of Baht 6.56 million. 24.3 As at September 30, 2019, the Company and its subsidiaries had contingent liabilities from letters of guarantees issued by three banks to government agency and third parties (see Note 8) as follows: - Guarantee for electricity, water and others 8.03 7.63 - Guarantee fund for maintenance of public utilities 176.33 176.33 24.4 As at September 30, 2019, the Company had contingent liabilities to a bank from the guarantee on the customer’s loan amounting to Baht 0.65 million and gasoline amounting to Baht 0.20 million (see Note 8). 24.5 As at September 30, 2019, the Company has the following lawsuits: 24.5.1 As at September 30, 2019, the Company has lawsuit on the civil case of Pattaya court black court case No.Por.564/2560 with the juristic person of Bayview Resort UNAUDITED” plaintiff”. The plaintiff sued the Company on the servitude charges related to the road passage and utilities to the land of the plaintiff. On October 30, 2018, the court scheduled the hearing. The court ruled to dismiss the case on the plaintiff in all matter in case red case No. 1435/2561. The case is pending the plaintiff’s appeal. Later, the plaintiff filed an appeal claiming to obtain the servitude in both plots of land with the limitation period. But, the right in this land was obtained from Thai Asset Management Corporation. It requires counting a new period from the ruling to the final until the case suing date which has not reached 10 years. On March 28, 2019, the court scheduled a hearing for temporary protection in the appeal phase. The court thinks that the plaintiff asks to force the defendant to register the disputed passage as a land servitude to the plaintiff. Later, the plaintiff closed the disputed passage not allowing the plaintiff to use the disputed passage in the public. The plaintiff still has other passage that the plaintiff can access the public thus not have enough cause to apply such protection method. It has an instruction to dismiss the case and cost of execution. Presently, the case is under appeal correction and due for appeal correction to court on May 30, 2019. On May 31, 2019, the Company has already taken action to file the appeal correction to court. Presently, the case is under consideration of the Appeal Court. The Appeal Court scheduled for the judgment hearing on November 26, 2019. 24.5.2 As at September 30, 2019, the Company has a lawsuit on the civil case of Pattaya court black case No. Por.411/2561 with a juristic person Bayview Resort REVIEWEDdefendant. The Company sued the defendant on expelsion charges claiming damage with the cost Baht

Appears in 1 contract

Sources: Reviewed Report and Interim Financial Information

SEGMENT INFORMATION. Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The business operation of the Company and its subsidiaries mainly involve real estate, rental and services, contractor and property management services, which has main geographical operation in Thailand. Segment performance is considered by revenue and profit in each unit, and is also measured based on the group operating profit or loss, on a basis consistent, with that used to measure operating profit or loss in the financial statements. The Company and its subsidiaries’ information for the three- month and threesix-month periods ended March 31June 30, 2018 2017 and 2017 2016 by segments are as follows: For the three-month period ended March 31, 2018 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 320,874 75,070 - - - 395,944 - - 395,944 Rental income and service - - 4,152 - 1,639 5,791 (400) - 5,391 Other income 2,045 181 5 1 2 2,234 (792) - 1,442 Total revenues 322,919 75,251 4,157 1 1,641 403,969 402,777 Expenses Cost of sales 215,452 45,862 - - - 261,314 - - 261,314 Cost for rent and service - - 4,293 - 1,073 5,366 - - 5,366 Selling expenses 47,593 11,212 - - - 58,805 - - 58,805 Administrative expenses 24,107 13,546 1,398 34 829 39,914 - (419) 39,495 Management benefit expenses 6,874 1,602 89 - - 8,565 - - 8,565 Finance cost 11,461 3,269 5,215 731 49 20,725 - (773) 19,952 Total expenses 305,487 75,491 10,995 765 1,951 394,689 393,497 Income (loss) by segments 17,432 (240) (6,838) (764) (310) 9,280 9,280 Tax expenses (income) 2,552 - - - - 2,552 2,552 Profit (loss) for the period 14,880 (240) (6,838) (764) (310) 6,728 6,728 As at March 31, 2018 Investment property - - 201,600 - - 201,600 201,600 Property, plant and equipment 113,171 1,357 762 2 12 115,304 115,304 For the three-month period ended March 31June 30, 2017 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 293,658 60,850 286,069 63,871 - - - 354,508 349,940 - - 354,508 349,940 Rental income and service - - 3,806 4,470 - 1,550 5,356 1,647 6,117 (660670) - 4,696 5,447 Other income 1,964 709 5 2,952 725 4 126 1 1 2,680 3,808 (825807) - 1,855 3,001 Total revenues 295,622 61,559 3,811 1 1,551 362,544 361,059 289,021 64,596 4,474 126 1,648 359,865 358,388 Expenses Cost of sales 196,495 38,338 199,538 39,566 - - - 234,833 239,104 - - 234,833 239,104 Cost for rent and service 22 - 4,356 - 877 5,255 - - 5,255 Selling expenses 39,330 4,687 4,126 - - - 44,017 1,505 5,631 - - 44,017 5,631 Selling expenses 39,568 4,612 - - - 44,180 - - 44,180 Administrative expenses 36,244 8,340 304 294 842 46,024 34,000 8,185 271 272 166 42,894 - (679689) 45,345 42,205 Management benefit expenses 7,984 7,916 - - - - 7,984 7,916 - - 7,984 7,916 Finance cost 12,321 2,947 1,319 763 11,233 2,665 1,317 745 52 17,402 16,012 - (805788) 16,597 15,224 Total expenses 292,396 54,312 5,979 1,057 1,771 355,515 354,031 296,381 55,028 1,588 1,017 1,723 355,737 354,260 Income (loss) by segments 3,226 7,247 (2,1687,360) 9,568 2,886 (891) (1,05675) (220) 7,029 7,028 4,128 4,128 Tax expenses (income) 1,713 2,860 Profit (loss) for the period 5,315 1,268 As at March 31June 30, 2017 Investment property - - 211,738 2,527 - - 211,738 211,738 2,527 2,527 Property, plant and equipment 110,193 2,719 656 1,017 25 114,610 114,610 2,136 401 61 255 3 2,856 2,856 For the three-month period ended June 30, 2016 (In Thousand Baht) Revenues Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Sales 290,124 179,595 - - - 469,719 - - 469,719 Rental income and service - - 4,058 - 1,738 5,796 (675) - 5,121 Other income 2,703 853 - 1 2 3,559 (858) - 2,701 Total revenues 292,827 180,448 4,058 1 1,740 479,074 477,541 Expenses Cost of sales 198,581 107,887 - - - 306,468 - - 306,468 Cost for rent and service - - 4,204 - 935 5,139 - - 5,139 Selling expenses 33,185 14,767 - - - 47,952 - - 47,952 Administrative expenses 30,471 13,812 314 329 932 45,858 - (694) 45,164 Management benefit expenses 4,571 3,084 - - - 7,655 - - 7,655 Finance cost 13,332 8,140 1,465 795 50 23,782 - (839) 22,943 Total expenses 280,140 147,690 5,983 1,124 1,917 436,854 435,321 Income (loss) by segments 12,687 32,758 (1,925) (1,123) (177) 42,220 42,220 Tax expenses (income) 8,768 Profit (loss) for the period 33,452 For the six-month period ended June, 2017 (In Thousand Baht) Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Revenues Sales 579,727 124,721 - - - 704,448 - - 704,448 Service income for rent - - 8,276 - 3,198 11,474 (1,330) - 10,144 Other income 4,916 1,432 9 128 2 6,487 (1,632) - 4,855 Total revenues 584,643 126,153 8,285 128 3,200 722,409 719,447 Expenses Cost of sales 396,033 77,903 - - - 473,936 - - 473,936 Cost of service 4,148 - 4,356 - 2,382 10,886 - - 10,886 Selling expenses 78,898 9,300 - - - 88,198 - - 88,198 Administrative expenses 70,244 16,525 575 567 1,008 88,919 - (1,368) 87,551 Management benefit expenses 15,899 - - - - 15,899 - - 15,899 Finance cost 23,554 5,613 2,636 1,508 104 33,415 - (1,594) 31,821 Total expenses 588,776 109,341 7,567 2,075 3,494 711,253 708,291 Income (loss) by segments (4,133) 16,812 718 (1,947) (294) 11,156 11,156 Tax expenses (income) 4,573 Profit (loss) for the period 6,583 As at June 30, 2017 Investment property - - 209,210 - - 209,210 209,210 Property, plant and equipment 108,057 2,318 595 762 22 111,754 111,754 For the six-month period ended June, 2016 (In Thousand Baht) Real Estate Low - rise High - rise segment segment Rental and services Contractor Property management services Total Elimination DR. CR. Consolidated Revenues Sales 518,552 265,451 - - - 784,003 - - 784,003 Service income for rent - - 8,437 - 3,555 11,992 (1,370) - 10,622 Other income 6,897 3,388 - 2 44 10,331 (1,219) - 9,112 Total revenues 525,449 268,839 8,437 2 3,599 806,326 803,737 Expenses Cost of sales 355,479 169,612 - - - 525,091 - (188) 524,903 Cost of service - - 9,143 - 1,911 11,054 - - 11,054 Selling expenses 66,383 24,775 - - - 91,158 - - 91,158 Administrative expenses 61,867 26,071 523 660 1,820 90,941 - (1,408) 89,533 Management benefit expenses 10,061 5,148 - - - 15,209 - - 15,209 Finance cost 26,600 14,523 2,936 1,601 84 45,744 - (1,181) 44,563 Total expenses 520,390 240,129 12,602 2,261 3,815 779,197 776,420 Income (loss) by segments 5,059 28,710 (4,165) (2,259) (216) 27,129 27,317 Tax expenses (income) 6,124 Profit (loss) for the period 21,193 As at June 30, 2016 Investment property - - 219,334 - - 219,334 219,334 Property, plant and equipment 127,163 3,686 816 1,868 37 133,570 133,570 “UNAUDITED” “REVIEWED”

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Sources: Reviewed Report and Interim Financial Information