June 30, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For six months ended June 30, 2019 Overall Group Performance Table 1

products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export

end of this year. On the costs side stone variable cost were largely in line with expectations, together with the acquired Thai Marble Corp., Ltd. quarry resource will be utilized and benefit overall

the 32.38% increase in sales revenue of Halcyon Technology Vietnam Co., Ltd. from THB 21.43 million to THB 28.36 million. However, the strengthening of Thai Baht in 2018 comparing to other currencies in

Company Limited and its subsidiaries For the Three-month period and Nine-month period ended 30th September 2018 1. Overall performance Consolidated financial results of Patum Rice Mill and Granary Public

Report Better performance of Thai Economy in Q1/FY2019 pushed forward the market’s growth in every aspect, as well as growth of Thai GDP that led to; 1. Increase in Company’s revenue around 73.39 million

Thai Economy in Q1/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai GDP that led to; 1. Increase in Company’s sales around 77.22 million baht or 5.99% comparing to

performance of Thai Economy in Q2/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai economy that led to; 1. Increase in Company’s revenue around 93.02 million baht or 6.92

of Thai Economy in Q3/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai economy that led to; 1. Increase in Company’s revenue around 92.48 million baht or 7.06

Ethan Frome บริษทั ลากูน่า รีสอรท์ แอนด ์โฮเท็ล จ ากดั (มหาชน) LAGUNA RESORTS & HOTELS PUBLIC COMPANY LIMITED 21/17B, 21/17C, 21/65, 21/66 and 21/68, Thai Wah Tower I, 7 th , 22 nd and 24 th Floor