THB % Millions of THB % Revenue from sale of real estate 233.51 84.93% 346.20 87.55% (112.69) (32.55%) Revenue from construction service 29.23 10.63% 32.07 8.11% (2.84) (8.86%) Other Revenue 12.20 4.44
% Millions of THB % Millions of THB % Revenue from sale of real estate 679.80 84.01% 1,003.47 91.27% (323.67) (32.26%) Revenue from construction service 98.87 12.22% 59.91 5.45% 38.96 65.03% Total Revenue
decrease in revenue from sales of real estate which affected from covid-19 situation. Operating Performance of 2nd quarter, 2020 Amount % Total revenues 232.0 361.3 (129.3) (35.8) Share of loss of joint
(decrease) 2020-2019 1.1 Construction material 216.36 262.61 233.01 (46.26) -18% 1.2 Real estate 41.18 46.64 8.64 (5.46) -12% 1.3 Total income 257.54 309.25 241.65 (51.71) -17% 2. Gross profit (% of sales
adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the
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
production as there was no order presented, affecting the company directly during the second quarter of 2020. The situation also affected the company’s waste sent for treatment and disposal from our current
within the expected range 3.) strong tourism performance especially from increased foreign tourist arrivals from Malaysia, Japan, Hong Kong and India, despite having been affected by lower arrivals from
purchase ordinary shares of the Company No. 3 (U-W3) (the “U-W3 Warrants”) at no cost, totaling Baht 2,172 million, to UE and (b) accepting the assignment of all of UE’s loan owed to BTS Group Holdings
the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS