oversea entities to ensure sustainable growth in the future. Besides, the company has a policy to maintain both gross and net profit margin of the real estate business to inline with the average of the past

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

that selling price was less than THB 3.00 million. MK housing projects were in this price range. All of these factors caused the Company to maintain sales of real estate business closed to the same level

service business contributed 25% of total gross margin (excluding sales of vacant land). In addition, MK’s real estate business was able to maintain the gross margin closed to the same level of last year

ที่ บช NO. AC. 03/2019 14 August 2019 Subject: Inform the operating performance for the second quarter of 2019 To: The President of the Stock Exchange of Thailand M.K. Real Estate Development Plc

ที่ บช NO. AC. 01/2019 22 February 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

decreasing in sales Condominium in this Quarter. In this Quarter the real estate segment is very stagnant .The Company not only try to reduce all cost and expenses but although try to develop and maintain best

ที่ บช 2017 2016 Increase (Decrease) % Operating Results : 2nd Quarter Revenue from sales of real estate 602,001 615,657 (13,656) (2.22) Total revenues 687,009 675,185 11,824 1.75 Total expenses

were, Description Quarter2/2018 Quarter2/2019 Differentiate Million THB % Million THB % Million THB % Revenues Revenues from sales of real estate 3,625.9 86.7 2,825.8 84.7 (800.1) (22.1) Revenues from

the real estate sector. In addition, the Company launched new housing project in a potential location. All houses were well designed in both layout and functions and the Company was able to maintain