% shares in Raimon Land Nineteen Co., Ltd. from KPN Land Co., Ltd. (“KPNL”), who is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke. 3) approved

which was from the RO subscription of 205mn shares, amounting to THB 328mn. As of 31 March 2019, total equity included with equity attributable to owners of the Company of THB 2,884mn and non- controlling

71.40 31.2 Total expenses 2,340.76 1,991.34 349.42 17.5 1,703.23 1,449.01 254.22 17.5 Non-controlling Interests - 21.67 (21.67) (100.0) Profit attributable to owner of the Company before exchange rate

the Period - The Company’s Equity (0.73) (6.33) (5.60) (88.47%) - Non-controlling Interest 0.63 0.03 0.60 2,000.00% Management's Discussion and Analysis and operating results for the Quarter 1’ 2019

% Deduct: Treasury stock (114) (114) +0% Total equity of parent Company's shareholders 1,093 1,128 -3% Non-controlling interests 123 126 -2% Total Shareholders' Equity 1,216 1,255 -3% Total Liabilities and

(114) (114) +0% Total equity of parent Company's shareholders 1,093 1,128 -3% Non-controlling interests 123 126 -2% Total Shareholders' Equity 1,216 1,255 -3% Total Liabilities and Shareholders' Equity

% -3.9% Non-controlling interests of the subsidiaries 0.42 0.1% (0.40) -0.1% (0.35) 0.0% 100.0% 100.0% Net profit - Equity holders of the Company 150.40 17.7% 149.51 18.7% 145.25 18.1% -2.9% -3.4

1,479mn and non-controlling interests of the subsidiaries of THB 67mn. CASH FLOW As of 31 March 2018, the Company had net cash from operating activities of THB 180mn primarily from cash from operating

(6.30) 5.69 (11.99) (210.72%) Profit Sharing for the Year - The Company’s Equity (6.33) 5.30 (11.63) (219.43%) - Non-controlling Interest 0.23 0.39 (0.16) (41.03%) Total Revenues (Revenues from sales and

% 143.77 17.1% 150.82 17.8% 4.9% 4.9% Non-controlling interests of the subsidiaries - 0.0% (1.24) -0.2% 0.42 0.1% 100.0% 100.0% Net profit - Equity holders of the Company 143.72 18.7% 145.01 17.2% 150.40