2017, at the present all construction work has been completed and ready to operate in the second quarter of this year. Non-hazardous waste recycling plant in Lumphun also has been completed and ready to

ที่ บช NO. AC. 004/2017 13 November 2017 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development

or down by 30.44% Due to the Rich Project Avenue @ Damrongrak Completed construction And can transfer income recognition in the year 2020. Real Estate Costs For the three-month period of 2020, the

from disposals of real estate 862.7 98.3 1,986.7 80.3 1,124.0 130.3 Revenues from project management - - 408.5 16.5 408.5 100.0 Other income 15.2 1.7 78.5 3.2 63.3 416.1 Total Revenues 877.9 100.0

, 2018. The operating results were, Description 1H/2017 1H/2018 Differentiate (Unit: Million THB) Million THB % Million THB % Million THB % Revenue Revenues from sales of real estate 2,024.2 98.5 5,612.6

year. In addition, the Company and its subsidiaries incurred financial costs during the development of real estate projects which can generate revenue when these projects completed. The company’s

construction projects that are being completed. In some projects, the owners have delayed in the work area handover which prohibit the work. The construction area handover is expected to commence and the work

2018, with 38 million Baht coming from real estate business due to the sales and transferred 13 units of Condominium which construct completed in the middle of year 2018 while increasing from

results were, Description 1H/2016 1H/2017 Differentiate (Unit: Million THB) Million THB % Million THB % Million THB % Operating Revenue Income from Sales of real estate 991.3 97.14 2,024.2 98.53 1,032.9

operating results were, Description First Quarter 2018 First Quarter 2019 Differentiate Million THB % Million THB % Million THB % Revenues Revenues from sales of real estate 1,986.7 80.3 3,000.4 86.9 1,013.7