: Management Discussion and Analysis For the years ended 31 December 2019 Summary of Performance Sales Revenue For the years ended 31 December 2018 and 2019, the Company recorded total sales revenue of THB

, the Company recorded total sales revenue of THB 983.36 million and THB 557.33 million respectively. This equals to a sharp decline of 4 3.32% year on year. Domestic sales revenue dropped 43.28% from the

follows: Management Discussion and Analysis For the three months ended March 31, 2020 Summary of Performance Sales Revenue For the three months ended 31 March 2019 and 2020, the Company recorded total sales

quarter, the Company started to recognize revenue from Power Business (Solar Rooftop Projects) at Baht 1.4 million. Gross Profit and Gross Profit from Operation In 1Q2019, Gross Profit was Baht 183.4

the increases in revenue. Gross Profit and Gross Profit Margin (GPM) in Q4/18, the Company has gross profit from sales of real estate of THB 344.6mn, or GPM of 25.4%, which decreased from GPM of 36.0

2613.53% Profit for the period 89.78 12.94% -24.11 -2.88% 65.66 -272.35% Profit for the period to total revenue (%) 12.94% -2.88% K.C. Property Public Company Limited, Le Concorde Office Tower,19th Floor

total revenue (%) 7.13% -6.96% K.C. Property Public Company Limited, Le Concorde Office Tower,19th Floor, Room No.1901, 202 Huaikhwang District, Bangkok 10310 Tel. 0-2276-5924, www.kcproperty.co.th

For the year ended December 31, 2018, the Company and its subsidiary’s revenue from sales of goods was in the amount of 333.34 million baht, increased in the amount of 76.72 million baht or 29.90% of

5.63 1. Revenue from sales of goods For the 3 month-period ended June 30, 2019 the Company and its subsidiary’s revenue from sales of goods was in the amount of 87.61 million baht, decreased by16.38

quarter of 2019, the Company had hire purchase revenue of 192 million baht, an increase of 81 million baht or 73% y-y and 11% q-q drove by auto loans business. In addition, in the third quarter of 2019, the