Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 031/2560 August 10, 2017 Subject : Management Discussion and Analysis for quarter 2-2017 To

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 1 Translation UWC 023/2562 August 16, 2019 Subject : Management Discussion and Analysis for quarter 2-2019

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

project in Patong Phuket Patong project in Patong Phuket is worth Baht 1,800 million. The Company has the idea of developing land and utilities, roads, water systems, electricity and recreation in this

and utilities, roads, water systems, electricity and recreation in this large area. (Which is under construction and design) to become a tourist center. There will be land and utilities development by

Company Limited (the “Company”) would like to inform management discussion and analysis for its results of operations from the financial statements for the three-month period ended 30 June 2019 as follows

% Management service 1.1% Other income 1.2% Hotel Property development Food and beverage Management service Revenue from property development operations through sales of residential projects in both low rise and

) 2019 2020 MB % Revenues from sales and rendering services 689.65 789.00 99.35 14.41% Revenues from hotel operations 27.70 18.69 -9.02 -32.55% Total Revenue 717.36 807.69 90.33 12.59% Cost of goods sold

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

. Total revenue for the three-month period decreased by Baht 205 million as compared to the same period last year due largely to the following:  The overall revenue from hotel operations which comprise of