: Overview of the operating result for the year ended December 31, 2018 The company’s total revenue for the year ended December 31, 2018 was THB 206,575 million, increased by THB 18,577 million from the same

Veranda Resort Public Company Limited Management Discussion & Analysis Q1/2020 Management Discussion & Analysis Q1/2020 Revenue Structure Hotel 45.3% Property development 46.4% Food and beverage 6.1

) % 30th June 2020 30th June 2019 30th June 2020 30th June 2019 million baht % million baht % million baht % million baht % Revenue from sale of real estate 127.97 80.28 246.79 97.43 57.98 55.65 246.79 94.26

subsidiary for Quarter 1 of 2018 ending on 31 March 2018 as follows; Statements of Comprehensive Income Revenue from Hospital Operations The Company generated the revenue from hospital operations for the 1st

compared to the third quarter and the nine-month period ended September 30, 2016 as follow: 1. Sales revenues For the third quarter of year 2017, the Company’s sales revenue was Bt. 28,207.94 million, which

baht or 1,290.99%, due to the following reasons as follows; 1. Total income of the Company increases 92.47 million baht or 61.98% compare with the same period of prior year mainly due to: 1.1) Revenue

the same period of last year which were net loss of Baht 148.5 million. The operating results changed over 20%, main variances due to the following reasons: 1. Revenue from sales and services decrease

to the same period of last year which were net loss of Baht 164.2 million. The operating results changed over 20%, main variances due to the following reasons: 1. Revenue from sales and services

first half ended June 30, 2017 as follow: 1. Sales revenues For the second quarter of year 2018, the Company’s sales revenue was Bt. 26,711.36 million, which increased by 9.03% compared to second quarter

of this year from July until September 2018 with the details as follows: The Company and its subsidiaries in the third quarter of 2018 had total revenue equal to 82.72 million Baht, there was a