0.99 0.69 0.64 55% 3.27 2.22 47% Reported EPS after PERP Interest (THB) 1.04 1.92 0.87 20% 4.15 3.21 29% Core EBITDA/ton ($) 140 111 100 40% 120 94 28% Operating Cash Flow 249 247 226 10% 941 827 14% Net

Net operating debt to equity at 0.61 times with strong operating cash flow. Dividend payout remain much higher than its stated policy of 30% of net profits. Perpetual debenture of THB 15b refinanced at

20, 2018, RH International (Singapore) Corporation Pte. Limited, a subsidiary, entered into a Securities Sale Deed with Broadspectrum Pty Limited to acquire 20 percent of the shares of RATCH-Australia

Rajthanee Hospital Public Company Limited (“the Company”) would like to clarify the operating results of the Company and its subsidiaries for the 3rd quarter of 2018 ending September 30, 2018 which has been

passenger load factor was 67.1 percent, decreased from 69.6 percent. Overall performance in term of operating revenue of three subsidiaries for the first half of 2017 was still growing as a consequence of

Page 1 of 4 GEL.CS.005/2561 27 February 2018 Subject Management Discussion and Financial Analysis for the operating results as at December 31, 2017 To Director and Manager The Stock Exchange of

1 Ref: AC.016/2019 4 May 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

Expenses 173.84 168.24 3 Reversal of allowance for doubtful account 16.10 7.38 118 Reversal of allowance for diminution in 2.19 0.63 248 value of inventories Profit (loss) from operating activities 169.16

% Selling and Administrative Expenses 88.19 102.45 102.45 -13.92% (300.78) (230.26) (55.46) 127.14% Non-operating income/expense 303.87 249.95 243.49 22.15% (Gain)/Loss from sales investment in subsidiary

outstanding shares of an applicant for derivatives clearing house license; (b) a juristic person who holds no less than fifty percent of the total outstanding shares of the juristic person under (a). Chapter 1