developing new platforms, have significant effects on the company’s income structure especially advertising revenue. However, our company isn’t rely on only this particular income. There are other channels

(net profit margin of 27.0%), an increase of 6.96mb or 9.9%. 1. Revenue Structure Table 2: The break down revenue by business entities. Type of Revenue Jan-Jun 2019 Jan-Jun 2020 Million Baht % Million

. However, The Hotel temporarily close due to COVID-19 effected revenue from hotel operations portion decreased. The following table shows the total revenue structure by business type according to the

structure + (-) 3 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 The Group recorded THB 257.35 million of total revenue in Q1-2020, decreased by 27.26% comparing to THB 353.79 million of the same period

units, especially on its recurring business which contributed significant income. During 2017, MK focused on re-positioning its real estate business and adjusting revenue structure so that the Group will

diversification in revenue structure and risk into 3 main businesses supporting each other and focusing on Healthy & Beauty Sector. Although the economic circumstance has been suffering from the COVID-19 outbreak

sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales. Selling and Administratiy!: Expenses: For

% Total Revenue 257.99 100.00% 427.91 100.00% -39.71% 880.34 100.00% 1,099.34 100.00% -19.92% Revenue structure as at September 30 (Million Baht) 3 Months 9 Months+ (-) + (-) 2019 % of Sale 2018 % of Sale

natural gas price. FINANCIAL PERFORMANCE REVENUE STRUCTURE ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 2016 2017 % change

10.77 0.96% 44.43 2.94% 44.43 2.94% -75.76% Total Revenue 1,123.31 100.00% 1,512.27 100.00% 1,512.27 100.00% -25.72% For the Year 2019 (Million Baht) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION