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
was lower due to order postponement in our key countries as a result of COVID-19 lockdown. Food business The food sales for Q3/2019-2020 was Baht 630 million, decreased significantly by Baht 1,210
government’s order, we have closed fashion and hardline (Non-food) stores, while our food store remains operational to serve customers’ demand on essential consumer products. In addition, Central retail has
with new concepts, Food Destination and Public House. Both concepts were finished in 2Q17 with the project’s occupancy rate of 94% at the end of 2Q17. 3) Minor renovation has been taken place at two
lowered the occupancy rate to 91% from 92% in 2Q17. Gross Profit ratio for 3Q17 stood at 48.5%, slightly lower than 49.1% in 3Q16, as the growth in rental and services revenue and food and beverages revenue
decreased by -0.5% and -7.4% respectively; whereby in the case of Bangkok it was due to decreased OCC, while for Maldives it was a combination of decreased OCC and ARR. (1.2) Food Business Operational
Company Limited (“Company”) would like to inform that on July 11, 2016 the Company purchased 3,203,500 ordinary shares of M.K. Real Estate Development Public Company Limited (“MK”) on the Stock Exchange of
Company is redefining the business plan of ready-to-cook food distribution business under ‘Khong Thai’ brand. Besides aforementioned business operational adjustment, the Company also prudently managed our
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
comparing to the same period of last year which was THB 1,679.84 million. During the first quarter of 2019, MK recorded a sale from undeveloped land for a total amount of THB 871.07 million. In addition, MK