, representing a decrease from the end of the previous year by Baht 906 Million. Significant Financial Ratios* For the second quarter of the year 2018, the Company had Net Profit Margin ratio at 24.14 percent

Management Discussion & Analysis ( - translation - ) For operating result of 2Q18, ended 30 June 2018 Raimon Land Public Company Limited | 9 August 2018 3 / 4 Gross Profit and Gross Profit Margin (GPM) Gross

first six month of 2018, The Company financial statement represents net profit in the amount of 16.69 million baht or considered as net profit margin of 8.95%, increased from the same period of last year

2017, varied to the decreasing of revenue from sales of land and houses , details as presented in operating revenue table. Gross profit margin for the year as at December 2018 and as at December 2017 as

real estate of Knightsbridge Prime Sathorn project on August 2019. However, gross profit margin increase YoY. หน้า 5 ของ 5 VII Financial Status Description December 31st, 2018 September 30th, 2019

presented in operating revenue table. Gross profit margin for the year 2019 and 2018 as 25.94%, 27.46% decrease 1.52% 4. Expenses 4.1 Distribution cost In the year 2019, the distribution cost at Baht 41.75

10.00 million, cost of services on radio and communication system amounting to Baht 16.00 million, and cost from water quality improvement amounting to Baht 5.00 million. Gross Profit Margin (3 months

นออก และ ให้ลดน้อยลง เพ่ือให้สอดคล้องกบัการถกูปิดห้างร้านตาม พรก.ฉกุเฉิน Gross Profit Margin Q1 2019 Q1 2020 Produce 50.4% 52.2% Sourcing 62.2% 54.6% Sum Gpm. 54.7% 52.9% ค่าใช้จ่ายในการขายและบริหาร

of Thing (IoT) amounting to Baht 30.04 million, and cost from waste water management services amounting to Baht 12.29 million. Gross Profit Margin (6 months) Gross profit for quarter 2/2020 is Baht

percent, respectively. The increase in gross profit margin was mainly because the average unit selling price increased at a higher rate than the increase in the average cost of sales per unit. Such increase