MD&A Q3Y2019 (E) - 11.11.19 RATCH Group Public Company Limited Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2019 Management Discussion and

RBF MDA En Q319_12.11.19 R&B Food Supply Public Company Limited 12 November 2019 Re Management Discussion and Analysis for the 9 month period ended 30 September, 2019 Attn. The President The Stock

its subsidiaries (the “Company”) has recently submitted the reviewed interim financial statements for the period ended 30 September 2017 to the Stock Exchange of Thailand with a view to share the

Directors and Executives of Derivatives Business Operators (No.3) dated 15 September 2010. (Translation) 3 (b) not be an employee, staff, advisor who earns salary, or controlling person of the derivatives

ending 30 September 2016 which has been reviewed and audited by a certified public accountant, which is the basis that results in the highest transaction value. http://www.kcproperty.co.th/ - Translation

1 / 6 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the three-month period ended 30 September 2019

period ended September 30, 2017. The Group's sales and net profit totaled Bt3,602.0 million and Bt612.4 million, respectively, compared to Bt3,515.2 million and Bt786.0 million in the third quarter of 2016

: Management discussion and analysis for the period three-month ended September 30, 2018 To Director and Manager of the Stock Exchange of Thailand Referring to the submission of the reviewed financial statements

Company”) would like to summarize its Q3/2018 operating performance for the period ending 30 September 2018 as follows: The Company and its subsidiaries’ posted a net profit of Baht 10.68 million for the Q3

November 12, 2018 Subject: Management Discussion and Analysis For the three-month period ended September 30, 2018 To: The President, The Stock Exchange of Thailand Home Pottery Public Company Limited