establish this new subsidiary to be a holding company of other subsidiaries of the Company which owned properties in Europe. The details are as follows: Name: Vienna House Real Estate GmbH Registered Office
Justification_E_4-62 NO. AC. 01/2020 28 February 2020 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M. K. Real Estate
ที่ บช NO. AC. 02/2020 14 May 2020 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 Plc
the 9-month period ended 30 September 2019 30 September 2018 Change Millions of THB % Millions of THB % Millions of THB % Revenue from sale of real estate 1,003.47 91.27% 1,501.95 96.98% (498.48) (33.19
business in March 2018, which caused setting up costs as one-time expenses during 2018. Cost of real estate sold in 4Q/2019 decreased to THB 352.5mn from THB 1,010.8mn in 4Q/2018 in line with the decrease in
which affected employment and domestic demand*. However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real
THB 887.7mn while that of 1H19 was THB 2,351.6mn. Of which, THB 685.6mn and THB 2,072.0mn, respectively, were from sales of real estate • Gross profit from sales of real estate in 2Q19 was THB 179.1mn
vertical real estate developments which are industrial and commercial real estate for sale and for both short-term and long-term rental. It also includes industrial estate and housing for sale and for both
. Comparison of operating results for the first quarter ended March 31, 2019 and 2018 Revenues from sales of real estate 694.10 984.17 -29.47 314.96 494.10 -36.26 Revenues from rental and services 14.33 30.59