6.99% 28.84 5.18% Specific Business Tax 218.42 3.83% 307.19 3.85% (88.77) -28.90% Finance Cost 176.52 3.10% 193.08 2.42% (16.56) -8.54% Exchange Losses (Derivatives) 2.71 0.05% 124.13 1.56% (121.42

Management Discussion and Analysis for Interim Business Operations 2019 % 2018 % Inc./(Dec.) % Construction Income 150.24 92.91 21.63 87.82 128.61 594.59 Service Income 9.70 6.00 0.41 1.66 9.29

from appreciation of Baht against other currencies, causing a drop on revenue from overseas sales. However, the Company and its subsidiary have changed business strategy and enhance marketing strategy

which will be set up a wholly- owned subsidiary under the Registered of Wattanapat Samui Hospital for the further proceeding of the Hospital’s business. According to the details mentioned below: Business

payout ratio of the Company’s subsidiaries that are under business expansion. In Q2/2019, total revenues increased from Q2/2018 by Baht 61.2 million from Baht 1,414.7 million to Baht 1,475.9 million or

from overseas sales. However, the Company and its subsidiary have changed business strategy and enhance marketing strategy for both domestic and international market to achieve more targeted customers

Management Discussion and Analysis for Interim Business Operations 2019 % 2018 % Inc./(Dec.) % Construction Income 44.36 86.52 35.57 96.14 8.79 24.71 Service Income 5.94 11.59 0.00 0.00 5.94 #DIV/0

“Company”) would like to notify the Stock Exchange of Thailand regarding the business operation for the 2nd Quarter of the year 2019 ended 30 June 2019 as follows; Total Revenue The Company has the total

construction business, gross profit margin improved from 7.88% to 8.35%. Revenues from construction services and sales of construction materials For the first half of 2019, the Company and its subsidiaries

years rental contract from August 1st, 2019 until July 1st, 2022, to be used as the Company’s headquarter for contacting, coordinating, and conducting business and documentation. The transaction is under