quarter lower than the margin recorded in the same period of last year. For the fourth quarter, MK planned to launch 4 new housing projects. The Thai government had just announced the housing stimulus
and production had increased as well. But production stumbled again by the end of the year, and we are now just seeing signs for recovery in end of February 2020, for which production is expected to
company intend to hold them until the maturity; (3) Investing in investment units of open-end fund under management of such mutual fund management company, provided that, just in the case which the company
which management company intend to hold them until the maturity; (3) Investing in investment units of open-end fund under management of such mutual fund management company, provided that, just in the case
can progress as targeted in the second quarter onward. In addition, there are many new projects which construction contracts have just been signed or about to be signed which will increase the corporate
make advance planning that makes cost effective. As a result, the gross profit margin just slightly reduced from the first quarter. Moreover, during the third quarter of year 2019, Jiangsu plant had loss
units of open-end fund under management of such mutual fund management company, provided that, just in the case which the company cannot redeem investment units of such open-end fund appropriately due to
%, compared to 49.3% in the same period of previous year. This was from higher average selling price and having gross margin for land transfer in this year. Utilities & Power Business 2016 2017 Increase
training institute or having completed the courses that are approved by the Office; (4) Being neither a permanent staff member nor an executive who has power of management in other companies, nor being an
neither a permanent staff member nor an executive who has power of management in other companies, nor being an investment manager for other persons in any manner which is similar to or in competition with