Living Co., Ltd.). All of these helped to increase recurring income as part of MK Group’s business strategy. Gross profit derived from this business was THB 33.11 million, an increase of THB 28.44 million

, most of the MK customers did not have obligations with the previous housing loan agreement, this helped reducing the impact from the Bank of Thailand housing loan control measure. In addition, MK

of eleven (11) branches of Kitchen Plus restaurant is reasonable and beneficial to the Company and its shareholders, and also serves as the Company’s business expansion to food segment. 9. Opinion of

realize revenue in the following years. In 2017, MK improved some of the housing projects to stimulate sale; therefore, gross profit margin from sale of real estate was slightly decreased. However, the

capacity and growth. Food & beverage: Sales was 215.9 Million THB, classified as follows; A&W Restaurant: sales was 192.2 Million THB, decreased by 4.8 Million THB or -2.4% YoY as a result of competition in

year, or 34.4% due to the opening of the new club house in February 2018. The new club house was enable the Company to increase its competitive advantage in services of both golf course and restaurant

from plastic to biodegradable. Revenues from Sale of Food & Beverage Food & Beverage Unit: Revenue amounts to 150.5 Million Baht, categorized by brand as follows; A&W restaurant: Revenue amounts to 119.3

Baht) 2019 2018 Increased (Decreased) Room revenue 235,449 317,603 (25.9%) Food and beverage revenue 219,300 280,547 (21.8%) Other revenues 77,322 92,138 (16.1%) Hotel income 532,071 690,288 (22.9%) Cost

THB. - Increase in service fee from subcontract of one of restaurant and food center at MBK of 73%.  Rising in net profit 2018 in amounting of 88M THB or 39% to 314M THB, mainly are from - Adjustment

biodegradable. Revenues from Sale of Food & Beverage Food & Beverage Unit: Revenue amounts to 105.5 Million Baht, categorized by brand as follows; A&W restaurant: Revenue amounts to 83.7 Million Baht, decreased