accelerated the transfer of housing units to customers before the Bank of Thailand housing loan control measure (Loan-to-Value: LTV) became effective on April 1, 2019. Even though, the majority of MK customers
million which was higher than sale that recorded in the same period of last year. MK employed several strategies in order to help customers reduce the impact of the Bank of Thailand housing loan control
%. Another significant impact toward real estate business was the Bank of Thailand housing loan control measure (Loan-to-Value: LTV). The measure had direct effect on the consumers’ purchasing power. However
2,647.55 million. This year, the Company recognized sale not only from its low-rise housing projects but also from the Park Court condominium units. The company had number of bookings which would be able to
million or 27.8% when comparing to the same period of last year which was THB 632.82 million. This was mainly come from the transfer of housing units from the housing projects that the Company launched
real estate development and service business. The Company has developed premium housing projects in central business area to open up new business opportunities. Moreover, the opportunity in rental real
housing units were booked during end of the third quarter and these units can be transferred and realized as revenue in the next quarter. - Revenue from rent and service was THB 50.38 million comparing to
these housing units were well fit with customers’ demand. As a result, sale and transfer units were higher than MK’s projection. In addition, the Company was able to complete sell of all units in some of
Installment Value as per contract* (Baht in Million) Housing Loan 472 831.67 Corporate 16 599.66 SME 13 340.21 Personal Loan 46 102.87 Total 547 1,874.41 2. NPAs Installment sales 122 81.54 * Outstanding loan
NPAs installment cases totaling Baht 81.54 million. 1. NPLs Type No. of cases Outstanding Loan Installment Value as per contract* (Baht in Million) Housing Loan 472 831.67 Corporate 16 599.66 SME 13