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3,946 4,580 4,415 4,5815,985
4,719 4,202 4,403
1,3211,638 2,100
3,620 1,517
3,238
876849 759
910
1,992 1,177
1,1491,142
985
2,333
Q3 18 Q2 19Q1 18
7,697
Q4 19
307
Q2 18 Q4 18
698
Q1 19
238
Q3 19
725
Q1 20
6,426
8,454 7,953
9,6678,932
5,4606,124 6,124
-31.4%
Q1 2020 Revenue (+51% JV)
1,052 1,071 1,123 1,200
13,198
17,521
21,000
7,926
8,679
18,145
4,3503,431
5,229
4,227
7,140
4,41125,607
28,214
20192017
307
32,499
2018 (Restated)
2020FC
33,690
Condominium
51% JV
Service
Low Rise
Mill
ion
Bah
t
Restated 1
5,399 MB(-30.7%)
+4.8%
2
Q1 2020: AP Performance
Q1 2020: JV Performance
3
2,703
3,148
3,953
3,064
618
34.4%35.7%
18.8% 19.1%
13.3%
19.8%
Y2016
20.5%
14.2%
Y2017
32.8%
19.4%
17.7%
14.5%
Y2018 (Restated)
34.3%
22.9%
Y2019
20.8%
12.9%
Q1 2020
34.5%
19.8%
21.2%
11.4%
Net Profit Quarterly Performance
8651,188
927 973 1,078
487 618881
618
16.8%
15.6%
15.7%
Q1 18
21.2%
35.1%
18.6%
19.4%20.4%
16.5% 13.7%
23.6%
18.4%
36.6%
Q2 18
32.3%
22.2%
33.9%
20.3%
11.4%
Q3 18
31.5%
Q1 20
33.0%
11.4%
33.3%
Q4 18 Q2 19
32.9%
19.3%21.2%
34.5%
Q1 19
23.9%
10.2% 10.5%
35.1%
35.9%35.1%
Q3 19
38.7%
29.0%
Q4 19
16.4%
34.5%
35.0%
20.8%
34.9%
17.8%
33.7%
19.2%
34.2%
13.8%
19.8%
-42.7%%SG&A
%GP
%NI
Net profit
4
Restated
Q1 2020 Balance Sheet Position
26,914 26,296 25,568
35,07332,498
27,525
61,986
53,093
Q1 2020 Q4 2019
Total Liab
ility
Q1 2019
Total Eq
uity
58,794
5
28,09020,760
35,050
8,025 7,270
16,485
3,270
17,10027,100
20202018 2019 Q4 2020Q2 2020
47,860
Q1 2020 Q3 2020
45,190
+5.9%-26.8%
Low Rise
Condominium
Number of Project 2020 Q1’20 Q2’20 Q3’20 Q4’20
Low rise 33 7 6 16 4
- SDH 17 4 6 5 2
- TH 16 3 - 11 2
Total 33 7 6 16 4
35,050mb
2020 New Launch Phasing: Postpone CD Launch
6
+68.8%
Presales Performance as of 30th April 2020
12,33114,822
19,652 18,419
22,500
10,033
28,15621,646
14,438
11,000
2016 2017 20192018 2020FC
41,29842,978
22,365
32,857 33,500
5,2104,714
5,690
4,037
6,2225,065
4,557
2,574
5,096
1,796
8,323
6,892
Q1 2019
Q3 2018
Q2 2018
April 2020
Q1 2018
Q2 2019
Q4 2019
Q4 2018
YTD 2019
Q3 2019
Q1 2020
YTD 2020
-18.1%
-17.2%
4,806
2,534
7,7386,568 6,363
3,144 3,210
1,721949 486
6,673
1,436
Q3 2019
Q4 2019
Q4 2018
Q1 2018
Q1 2019
Q3 2018
Q2 2018
Q2 2019
Q1 2020
April 2020
YTD 2019
YTD 2020
-85.1%-78.5%
Mill
ion
Bah
t Condominium
Low Rise
7
Please note that there is no new CD launch in YTD 2020.
+98.0%
22,500
6,892
11,000
Presales Target
1,436
15,608
9,564
YTD Presales
33,500 33,500
YTG
Low rise
CondominiumPresalesTHB
Million
Low Rise 6,892
Condominium 1,436
of which JV Condo 771
Presales Achievement 8,328
% Achievement 24.9%
2020 Presales Target 33,500
Presales Achievement as of 30th April 2020
8
Backlog by Segment: AP & JV
Note: Data as of 30th April 2020
9
Backlog includes April 2020 transfer value which is not yet announced.
AP Condo Backlog & Transfer Schedule
3,201
4,352
1,536
3,029
20222020 20242021 2023
Backlog
Based Completion
10
Q1
Q3
Note: Data as of 30th April 2020
JV Condo Backlog & Transfer Schedule
13,80614,13413,325
14,165
9,963
14,650
2,469
10,500
5,265
2021 20222020 2023 2024
Based Completion
Backlog
11
Q1
Q3
Note: Data as of 30th April 2020
Total Condo Backlog: THB 42.1 Billion
18,48617,194
9,963
14,650
2,469
10,500
5,265
20232020
14,861
2021 2022
17,007
2024
AP Backlog
Based Completion
JV Backlog
12Note: Data as of 30th April 2020
Revenue & Backlog as of 30th April 2020
25,350
5,162
7,314
2,431
14,907
Revenue Target YTD
41.2%
AP BacklogTHB
Million
Low rise 7,314
Condominium(2020 Portion)
2,431
3M 2020 Property Revenue
5,162
Total Backlog(2020 Portion)
14,907
% Secured Revenue 58.8%
2020 Property Revenue Target
25,350
Property Revenue
2020 Condo BL
Low Rise BL
13
Disclaimer:
This presentation may include information which is forward-looking in nature.Forward-looking information involve known and unknown risks, uncertainties andother factors which may impact on the actual outcomes, including economicconditions in the markets in which AP (Thailand) and general achievement of AP(Thailand) business forecasts, which will cause the actual results, performance orachievement of AP (Thailand) to differ, perhaps materially, from the results,performance or achievements expressed or implied in this presentation.