hotel, golf and retail operations decreased by Baht 112 million over the prior year as a result of the reduction in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok.  Revenue from property

Translation Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended M arch 31 , 2020 (Unit : M ill ion Baht) 2020 2019 Inc. / (Dec.) % (Re st at

Company Limited (the “Company”) would like to inform management discussion and analysis for its results of operations from the financial statements for the three-month period ended 30 June 2019 as follows

million, equaled to 3.86% of the total revenue from operations. The main decrease for THB 7.92 million came from the tourist reduction due to Coronavirus disease 2019 (COVID-19) and the smoke pollution

the previous year.. The main factor was the reduction of clients in both inpatients, outpatients and foreigners. From the Center for Infertility. The Company reported Cost of Hospital Operations

May 14, 2020 Reference no. RWI /BKK/018/2563 Subject : Management’s Discussion and Analysis of Business Operations of the First Quarter of 2020 To The Director and Manager of the Stock Exchange of

as compared to last year and this was mainly due to the following: • The overall revenue from hotel operations which comprise of hotel, golf and retail operations increased by Baht 174 million over the

National Council for Peace and Order (“NCPO”) has released the order No. 4/2562 in subject of a measure to solve the problems of the operations of the Television and Telecommunication, the significant

decreased by Baht 85 million over the prior year as a result of a reduction in occupancy of Laguna Phuket hotels.  Revenue from property development operations which comprise of property sales and the sale

year increased by Baht 679 million as compared to last year and this was mainly due to the following:  Revenue from property development operations which comprise of property sales and the sale of