Cost of project works and services 64.61 60.79 3.82 6.28 Total Costs of Sales and Services 182.83 173.78 9.05 5.21 Gross Profit 65.77 46.76 19.01 40.65 Other incomes 5.31 3.61 1.70 47.09 Distribution

May 15, 2018 Subject: Managing Discussion and Analysis for Q1/2018 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

results of the consolidated financial statement had a net profit of Baht 82 million or 0.09 Baht per share, compare to the same period of the previous year, net profit is Baht 191 million or 0.21 Baht per

above profit. Yours sincerely, Mr. Anant Kittivittayakul Managing Director

1 - TRANSLATION - VS/PC (Q-Con) 032/2017 October 31st, 2017. Attention Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis the third quarter ended 30

services 59.31 64.61 (5.30) (8.20) Total Costs of Sales and Services 167.80 182.83 (15.03) (8.22) Gross Profit 57.22 65.77 (8.55) (13.00) Other incomes 1.16 5.31 (4.15) (78.15) Distribution costs 18.00 17.80

which increased from 94.50% in year 2017, and the gross margin decreased from 5.50% in 2017 to 4.74% in 2018. The decreased of gross profit margin was mainly due to differences in product mix and the

gross profit margin was also mainly impacted by the Baht appreciation as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2018, the Company’s SG&A

February 28, 2018 Subject: The clarification of the year 2017’s profit changing more than 20% Attention: The President The Stock Exchange of Thailand In 2017, Lalin Property Public Co., Ltd., shows a

the three-month period ended March 31, 2018 in amount of Baht 8.16 million (loss per share Baht 0.82), compared to the same period of last year which had profit of Baht 2.89 million (profit per share of