to clarify operating performance of the Company three-month for the Quarter 3/2018 ended 30 September 2018 are as follows: Statement of Income Total Revenue The company earned THB 258.0 MB and 178.0 MB

Page 1 of 4 No. RJH – SET 9/2020 10 August 2020 Subject : Management’s Discussion and Analysis for the Second Quarter of 2020 To : The President The Stock Exchange of Thailand Rajthanee Hospital

change to the market condition and conduct a full validation of such model at least once a year. Clause 6 The derivatives clearing house shall apply effective measures and methods for monitoring and

2nd quarter on 2018 decreased 23.34 percent due to loss from exchange rate. . Cost of goods sold and expenses (Thousands Baht) Six-month Change 2nd Quarter Change 2561 2560 Amount % 2561 2560 Amount

explanation of calculation methods on setting up such assumptions. 8. Where there has been any material change to the issuer’s accounting policies, provide a summary of the material change and the reason for

2020 Subject Management Discussion and Analysis for the second quarter ended 30 June 2020 Attention President The Stock Exchange of Thailand According to the resolution of the Board of Directors of JMT

customers are cash holders. The possibility of change of customer behavior is low. The main factor of change from prepaid to postpaid is the customers’ higher income. Thus, the Company still maintains the

kiosks, which help people not to move far from their home area. Nevertheless, the Covid-19 pandemic can be viewed as a catalyst to accelerate the change of consumer behavior, which will result to a “New

) Consolidated Financial Statements 2Q'19 2Q'18 % Change YTD 2019 YTD 2018 % Change Total Revenue 475.1 423.5 12.2% 934.5 845.4 10.5% - Utilities Business 473.6 422.7 12.1% 931.6 844.7 10.3% - Operating Revenue1

42.4% 196.5 52.0% Gross Profit 685.9 64.5% 781.9 57.6% 96.0 14.0% Other Revenues 8.6 0.8% 5.4 0.4% -3.2 -36.8% Gain from Shareholding Proportion Change in Subsidiaries to Long term investment 143.9 13.5