. However, MCDC could not either provide additional land area and accept for increasing of wastewater tariff. In case that HSMC need to continue this project with the same condition in the contract, the

Company could maintain the growth rate of revenue of 10%. Cost of Sales and Services In the three-month period ended 31 March 2020 and 2019, total cost of sales and services of the Company, which is

affected by the COVID-19 pandemic, resulted in the sluggish fatty alcohols market’ s purchasing power. Despite, COVID-19 situation has partially recovered, it could not totally return to normal situation in

developers adopted a price war to speed up their sales. This caused MK’s gross margin to decline from its normal level by 3%. However, at the end of the second quarter, MK could generate sales, from both pre

term of expenses, Absolute Yoga could reduce staff costs and studio rental fee from negotiations and support from the government; however, there was special expenses from closing two studios. Therefore

group as no net interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Page 2 of 3 Major Factors which could have an Impact on the Company's

locked down due to the COVID-19. MK could generate sales from both pre- approve and backlog at the end of the first quarter 40% higher that the sales at the end of 2019. (2) Rent and Service Business MK

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For

40.69% respectively. It could be seen that gross margin of the Group of Companies does not change significantly as it has policy to sustain appropriate gross margin for each real estate project

potential risks that could arise from the securities clearing and settlement system when the risk value exceeds the specified limit of the securities clearing house. In addition, if the price of securities is