align with business restructuring of MK Group. The objectives were to reduce the business risk and increase revenue from recurring business in the long-term. Real estate business of low- rise housing

administrative expenses of Baht 87.7 million and increased by Baht 7.5 million or 9.4% compared to the administrative expenses of Baht 80.2 million for 2018. The recurring administrative expenses decrease of Baht

from cost reduction of employee cost and office supplies. Non-Recurring Item In Q2’2018, the company recognized insurance claim revenue for business interruption due to the fire incident on November 27

remeasuring on fair value of the Company’s previously held interests in TBSP. Excluding the non-recurring items, Company’s core net profit increased by 1% y-y in 2Q18. For 1H18, Company represented net profit

Group was able to grow continuously revenue from rent and service business, which was recurring income, despite the negative impact on both economic and the COVID-19 pandemic. Revenue from rent and

sales 0 0 216 100% 100% Other income 514 743 492 (4%) (34%) Total revenues 7,719 8,053 8,223 7% 2% Excluding non-recurring items 7,719 7,834 8,223 7% 5% Cost of rent and services 3,073 3,387 3,299 7% (3

492 527 16% 7% 967 1,019 5% Total revenues 7,620 8,223 9,405 23% 14% 15,339 17,628 15% Excluding non-recurring items 7,620 8,223 9,405 23% 14% 15,339 17,628 15% Cost of rent and services 3,185 3,299

-recurring items 135.5 18.9 (3.3) (0.2) (102.4%) 1 Adjusted EBITDA for any year/period is defined as Profit (loss) before income taxes plus Finance costs, plus Depreciation and Amortization, deduct (plus) gain

estate market is explored in order to diversify business risk and boost recurring income. Apart from developing residential condominiums, the Company also provides real estate services and property

margin (exclude non-recurring cost) 30% 28% 2% 33% 31% 3% Administrative expenses before adj. 41.45 40.84 2% 83.09 88.68 -6% Adj. staff benefit 2.19 - 2.19 - Adj. previous year SW income 20.31 10.66 90