42.07% respectively. It could be seen that gross margin of the Group of Companies does not change significantly as it has policy to maintain and to sustain appropriate range of gross margin for real

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. 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

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

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

material 262.61 233.01 229.91 29.60 13% 1.2 Real estate 46.64 8.64 27.28 38.00 440% 1.3 Total income 309.25 241.65 257.19 67.60 28% 2. Gross profit (% of sales) 2.1 Construction material 88.46 (33.7%) 77.95

decreasing from 5.46million Baht or 12 %coming from real estate business. In the 1st quarter of 2020, the Company can maintain the gross profit in the same rate of the previous year which is 34.2 % .Effect to