because the income from sale has decreased from 13,855.41 million THB to 8,719.77 million THB or 37.07%. The majority of the income derived from ready-to- move-in projects, accounting for 72% of the income

the Company and subsidiary companies increased 17.32% and 0.60% respectively, most of which was the income recognition from ready-to-move-in projects and recognition of one project completed in Q1/2019

industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move

reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been

million THB, most of which is the income recognition of ready-to-move-in projects as well as the 4 projects completed and ready to be handed over. There is thus lesser number of projects under construction

million baht due to the expansion of LCL causing the higher number of employees and moving office to support expansion which leads to the expenses derived from such move and the former improvement disposal

lower-middle income earners to lower-middle to upper ones but the affordable price strategy is still retained. Secondly, the brand image is to be developed together with the market segmentation. Thirdly

House อยู่ 2) พัฒนาเรื่อง BRAND IMAGE ควบคู่ไปกับการ ปรับ Segmentation 3) การปรับโครงสร้างการด าเนินธุรกิจของบริษัทย่อยให้รับงานบริการภายนอก โดยไม่ยึดติดกับบริษัทแม่ เพื่อเป็นการสร้างรายได้เพิ่มให้แก่

public area and security. The improvement of after sale services created a good image for MK housing project. In the long run, this would increase sale of real business continuously. However, the

first quarter of 2020, the total remaining backlog was THB 9,542mn, decreasing by 7.6% compared to THB 10,324mn at the end of 2019 from the value transferred of 6 ready-to-move-in projects namely (i) The