result of decreasing in earning from underwriting fee by Baht 14.11 million, research fee by Baht 8.49 million and financial advisory fee by Baht 4.51 million. 3. The Consolidated and the separated

0.33 Million Baht or 93.86% decrease from the same period last year. This was the result of received from associated companies is Thai Takaya Co.,Ltd. 0.30 Million Baht. 4. Gain on sales of assets 1.74

Management Discussion & Analysis ( - translation - ) For operating result of 2Q18, ended 30 June 2018 Raimon Land Public Company Limited | 9 August 2018 1 / 4 Major Events in 2Q18 and July 2018 April

- Translation - MPIC 007/2019 February 13, 2019 Subject: Submit the Year End Financial Statement ended December 31, 2019 and clarification for the change of operating result more than 20% Attention

- Translation – MPIC 016/2019 May 08, 2019 Subject: Submit the Financial Statement for the quarter ended March 31, 2019 and clarification for the change of operating result more than 20% Attention

decreased 30.54 million baht, or equivalent to 9.37% from the same period of previous year due to the Thai economy that slowed down. Spending and government investment were inadequately driven economy

by the trade war between U.S.A and China. China is hit by a tariff wall which affected Thai Rubber wood exports to China. Another reason came from China with strict environmental regulations which

from export sales which was affected by Thai baht appreciates against US dollar. Other income increased 245.62 percent, due to higher gain from exchange rate. . Cost of goods sold and expenses (Thousands

decreased by 40.92 million baht or equivalent to 12.88% compared to the same period of previous year. It caused by the slowdown of the Thai economy which affected to both domestic and outside the country

ดิจิทัล - ประสานกับหน่วยงานหรือองค์กรที ่เกี ่ยวข้อง อาทิ Thai Digital https://www.sec.or.th/TH/Documents/strategicplan/strategicplan-2567-2569.pdf PowerPoint Presentation /12/67 01/01/67 - 31/12/67 2