Management Discussion & Analysis ( - translation - ) For operating result of 4Q/2019, ended 31 December 2019 Raimon Land Plc. | 27 February 2020 1 / 7 Major Events in 4Q/2019 and January 2020
could accelerate operations. As a result, the company's revenue slightly lower than those in 2 0 2 1 , only decreased by 4. 4% . Most of the company's revenue recognized in 2022 such as the Project of
selling. As a result, the number of projects will increase from year 2022 and the overall gross profit margin of year 2023 decrease slightly. This is because the number of projects in the market is quite
shares to the shareholders of the Company at the offering price of Baht 56 per share. As a result, the company has a total ordinary shares of 2,819,729,367 shares and have changed the paid-up capital to a
, resulting in the delay in delivery and acceptance of equipment or projects. As the result, the total revenue Q2–2020 was lower than those in other quarters. In terms of total operating expenses in Q3–2020, it
Ministry of higher Education, Science, Research and Innovation. As the result, The Company had a higher income in Q3–2019 when compared to Q3–2018 In term of cost of Sales, Services and Construction
therefore result in raising the usage amount. Quarter Quarter Quarter Quarter Quarter 1/2018 2/2018 3/2018 4/2018 1/2019 Total usage amount through "Boonterm Kiosk" (Million Baht) 10,421 10,611 10,506 10,442
subsidiaries recorded loss of Baht 52 million, decreasing from Q1/2018 that recognized net profit Baht 9 million, due to 1) sales shrinkage in CMG and domestic branded sales; 2) higher cost per unit as a result
were executed on July 20, 2018 for the abovementioned ETB. Consequently, as a result of the abovementioned ETB, the company’ s consolidated financial statement as ended September 30, 2018 then recorded