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
2019 2018 YOY % Operating profit 457.27 403.89 53.38 13.22% Depreciation 124.10 100.14 23.96 23.92% Amortization 78.25 73.92 4.32 5.85% EBITDA 659.62 577.96 81.66 14.13% 2. ECONOMIC SITUATION Thai
especially in real estate sector. On economic stability, inflation has slowed down due to the decrease in retail petroleum prices. 3. WATER SITUATION As of 26 July 2019, the water supply situation in Chonburi
Rate • Loss on Exchange Rate was recorded at Baht 93 million in Q1’2018, primarily attributable to a loss and/or an unrealized loss on exchange rate from trade payable and other assets. FINANCIAL
on Exchange Rate at Baht 0.2 million in 6M’2018 and Baht 94 million in Q2’2018, primarily attributable to an unrealized gain on exchange rate from trade payable and other assets. FINANCIAL PERFORMANCE
Economic Framework ( IPEF) ( RCEP) Thailand and the connectivity among multi-regions ▪ Regional Comprehensive Economic Partnership EEC THE EASTERN ECONOMIC CORRIDOR (EEC) lies at the heart of Thailand’s 4.0
dollar and Loss on Exchange Rate at Baht 15 million in Q4’2019 due to an unrealized loss on exchange rate from other assets. FINANCIAL PERFORMANCE 7 2018 2019 change Q4’18 Q3’19 Q4’19 change change Btmn
. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross
other assets. FINANCIAL PERFORMANCE 7 6M’18 6M’19 change Q2’18 Q1’19 Q2’19 change change Btmn Btmn y-on-y Btmn Btmn Btmn y-on-y q-on-q Other revenues 80 117 46.3% 58 48 69 19.0% 43.8% Share of profit
on or after 1 January 2020: Classification of financial assets Financial assets - Debt instrument The Bank has classified its financial assets - debt instrument as subsequently measured at either