of 33 years, to use in its business operation. One Sukhumvit 24 has also planned an investment in other types of real estate development business, e.g. hotels, serviced apartments, office buildings for

Management’s Discussion and Analysis (MD&A) Page 11 of 16 Revenue from sales decreased 35.4% YoY, cost decreased 21.5% YoY while, gross profit margin stood at 28.9%. Performance of real estate business Revenue

absence of revenue from hotel operations. Performance of real estate business Revenue from sales In 2Q20, the Company has residential project for sale which are sold out and transferred 5 projects

at 63.6%, a decrease from 67.9% in the same period of previous year in-line with expectation. Performance of real estate business Revenue from sales In 1Q20, the Company has residential project for

estate development business, as well as hotel and real estate management, the Company group is interested in providing managing services for the Project Crossroads Phase 2 of Boonrawd Group under the

% from 185 Rajdamri, total of 6 projects. Cost of Sales In 1Q/19 the Company’s real estate business cost equaled THB 989.3mn, an increase of THB 589.5mn from THB 399.8mn YoY. Cost of food and beverages

case that the return of real estate business or the operating results of MK do not meet the expectations. 11. Opinion of the Company’s Audit Committee and/or Director which is different from the Opinion

buyers' needs. This project is the last project of the real estate development business. 4. Sale of investment in ACC Cannabis Company Limited at a price of 34.00 million baht, of which 5.00 million baht

% when compared to 2017. Mana Patanakarn Co., Ltd., the Company’s subsidiary company which does real estate development business, has transferred the ownership of houses and condominium “Aspen Condo” phase

due to the fact that Mana Patanakarn Co.,Ltd., the Company’s subsidiary company which do real estate development business, has transferred the ownership of houses and condominium rooms less to the