Management Discussion & Analysis ( - translation - ) For operating result of 1Q/2020, ended 31 March 2020 Raimon Land Plc. | 14 May 2020 1 / 6 Major Events in Q1/2020 January 1) Begin to adopt the

Polymer business unit as a result of soften private consumption. Financial Operating Results In 2018, total cost of sales and operating expenses were Baht 3,549.0 million, decreased by Baht 66.0 million

value of Commodity Polymer business unit as a result of shrinking in purchasing power. Financial Operating Results In Q2/2017, total cost of sales and operating expenses were Baht 934.0 million, decreased

Microsoft Word - MDA_E ไตรมาสที่ 2-2560.doc Management Discussion and Analysis: MD&A 1. Company Situation Revenue from the waste treatment business for Q2/2017 has slightly improved due the acquiring

in sales value of Commodity Polymer business unit as a result of shrinking in purchasing power. Financial Operating Results In Q3/2017, total cost of sales and operating expenses were Baht 836.3

Microsoft Word - MD&A Q3-60_E .doc Management Discussion and Analysis: MD&A 1. Company Situation Revenue from the waste treatment business for Q3/2017 has slightly decreased due to the maintenances

Liabilities 956 930 797 Shareholder’s Equity 422 431 445 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,646 3,979 3,727 Gross Profit 229 258 247 Operating Profit 113 131 126 Profit for the year 79 93 90 Other

820 Total Liabilities 797 817 828 Shareholder’s Equity 445 451 481 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,727 3,660 920 Gross Profit 247 263 71 Operating Profit 126 124 40 Profit for the period

Liabilities 784 808 804 Total Liabilities 797 817 813 Shareholder’s Equity 445 451 462 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,727 3,660 1,775 Gross Profit 247 263 136 Operating Profit 126 124 75 Profit

value of Commodity Polymer business unit as a result of soften private consumption. Financial Operating Results In Q2/2018, total cost of sales and operating expenses were Baht 888.7 million, decreased by