clarify operating performance of the Company for the yearly ending 31 December 2018 are as follows: change 2018 2017 increase (decrease) Sales 841.1 882.2 -4.7% Other income 29.9 27.7 7.9% Cost of sales

understand the Company and its subsidiaries’ 2018 audited financial statements. An Analysis of Performance * Analysis of Income The Company and its subsidiaries recorded the total revenue of 20,171 MTHB of

Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working capital. The key

ที่ บช NO. AC. 01/2019 22 February 2019 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

of 248.6 million baht, decreased 176.0 million baht or 70.8 percent. Performance for Q3/2019 was loss 2.3 million baht compared to Q3/2018 that was profitable 134.5 million baht, decreased 136.8

million baht in loss compared to the same period of the previous year, which had loss 59.57 million baht. The details as follow: Performance Analysis (1) Revenue Quarter 3-2019 the company and its

overall performance of the subsidiaries has been uplifted by operational efficiency improvements in various areas. In order to meet consumers’ expectations, the company continued to embrace the need to

includes revenues from five trading subsidiaries in Thailand and overseas. Two of the subsidiaries in Thailand had steady and increasing performance in the past year, but the subsidiaries overseas had

business performance after deducting dividend payment. From above Statements of Financial Position, D/E Ratio as of December 31, 2019 was 1.15 times, decreased from ratio as of December 31, 2018 (2.15 times

million Baht or 2,443.51% from the same period last year due to the Company's has decreased revenues and increased of administrative expenses and doubtful accounts as a result of loss operating performance