change significantly as it put efforts to maintain and to sustain gross margin percentage for real estate development business. Therefore, gross margin of the Company for the past three years is quite

Justification_E_2-61 NO. AC. 003/2018 14 August 2018 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M. K. Real Estate

Justification_E_1-61 NO. AC. 002/2018 15 May 2018 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M. K. Real Estate

costs of sales for real estate development projects, deposit for land, land held for development, land building and equipment, cash and cash at bank, temporary investment, prepaid expense-construction fee

ที่ บช NO. AC. 002/2019 15 May 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 Plc

subsidiaries had the total assets decreased in year 2015 by Baht 515.15 Million or 25.01 percent, due to the Company and its subsidiaries mainly had the costs of sales for real estate development projects

baht, The Real estate development costs decreased 4.2 million baht. (1.2) Non-Current Assets As at March 31, 2018 non-current assets amounted 1,044.8 million baht, decreased 5.1 million baht or 0.5

customers in the real estate development business. Therefore, they can make a construction plan and allocate construction workers with less time and more efficiently. Administrative expenses For the first six

. - - แฟกซ์ - construction drawings, especially existing customers in the real estate development business. Therefore, they can make a construction plan and allocate construction workers with less time and more

the same quarter of 2017 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