transaction is considered a subsequence event, Auditor is of the opinion that the adjustment of book value of the said assets should be done in this period to reflect the actual value as set out in the Share

decline could be attributed to an increase of Baht 1,493 million or 16.36 percent in our impairment loss on loans and debt securities to cope with economic uncertainties. Operating profit before provision

confidence coupled with the already high household debt level. Nevertheless, the non-durable goods increased partly from the rush in purchase of consumers goods due to the concerns on the COVID-19 outbreak

declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer confidence coupled with the already high household debt level

information memorandum regarding this transaction to the Stock Exchange of Thailand (the “SET”) as per the Schedule (1) of the Notifications on Acquisition or Disposal of Assets and circulate the information

and future expectations of customer payments. As at 30 September 2018, the Company and subsidiary set allowance for doubtful accounts amounted to Baht 1,089 million. Inventories Inventories as of 30

slightly reduced down to 0.99% from the previous quarter. However, substance macroeconomic challenge is remained as the level of household debt (seasonal adjusted) continued to increase from 90.7% in the 1Q

and process of legal execution are as follows; 1. Cases in the process of court trial: 1 . 1 Media Agency Thai Co., Ltd. is in debt to the Company according to the purchase agreement to manage

Page 1 of 4 No. RJH – SET 3/2020 24 February 2020 Subject : Management’s Discussion and Analysis for the 4th Quarter of 2019 To : The President The Stock Exchange of Thailand Rajthanee Hospital

total sales of around 805,000 units. In the equity market, the average daily turnover (SET and mai) for 2Q17 decreased from Baht 50,865 million in 1Q17 to Baht 42,089 million. The SET index at the end of