Profit 56,739 41,954 14,785 35.24 Gross profit margin (%) 53.50 54.98 (1.48) (2.68) Golf Services & Property Management Revenue 37,795 https://market.sec.or.th/public/idisc/Download?FILEID=dat/news/202005

Profit 41,954 32,219 9,735 30.22 Gross profit margin (%) 54.98 55.78 (0.80) (1.44) Golf Services & Property Management Revenue 40,531 30,147 10,384 34.44 Gross Profit 17,223 14,118 3,105 21.99 Gross profit

Banyan Tree Bangkok offset by the lower performances of Laguna Phuket hotels. • Revenue from property development operations which comprise of property sales and the sale of holiday club memberships is

period ended on March 31, 2016, as follows: Particulars Q1/2016 Q1/2015 Increase (Decrease) Million Baht Million Baht Million Baht % Revenue Revenue from selling immovable property 222.23 111.55 110.69

Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business

654 3323 560.86 1,194.14 469.20 227.29 2,434.12 6,114.97 Others revenue Revenues from food and beverage business Revenues from property business 2018 2019 2.6% 27.7% 69.7% 2018 Others revenue Revenues

5.03 Rental and Services Revenue 106,052 76,312 29,740 38.97 Gross Profit 56,739 41,954 14,785 35.24 Gross profit margin (%) 53.50 54.98 (1.48) (2.68) Golf Services & Property Management Revenue 37,795

prior year as a result of the improved performances of Laguna Phuket hotels and Banyan Tree Bangkok. • Revenue from property development operations which comprise of property sales and the sale of holiday

Biz Home @ Sukhumvit 105 Project Real Estate Costs For the three-month period of 2019, the Company had the cost of property sales of 100.30 million Baht or 62.97% of the revenue from the sale of real

Company had the cost of property sales of 74.48 million Baht or 58.20% of the revenue from the sale of real estate. Meanwhile, the cost of sales of real estate of the previous year was 151.93 million Baht