Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 12 Executive Summary Growth in both revenue and net profit demonstrates the effectiveness of retail

and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade

. Statement of comprehensive income Revenue from hospital operations The Company booked revenue from hospital operations amounting to Baht 217.32 million and Baht 394.03 million for the six-month period ended

Asset (Refer to Consolidated Financial Statement 28 February 2015) NTA of target company x %holding x 100 NTA of the listed company and its subsidiaries =57.36x80%x100 886.64 =5.18% Net Profit (Refer to

performance of Boonterm kiosk with the ARPU management more than 5% of growth from 2017 and relocating the kiosks from the area that generate low income to the new area that generate higher income. As well as

customers, increased by 37% from last year, and representing 11% of total Company customers. Summary of Consolidated Financial Results 1. Operating Results Profit and Loss Statement (Consolidated) Unit

Company Limited (FSMART) 4Q17 Management Discussion and Analysis Financial Summary Income Statement Income Statement 2016 2017 %YoY MB % MB % Income from rending of top-up service for prepaid phone and

the same period of the last year. The increasing revenue came from export sales which the growth rate was 4.74 percent and the export sales from furniture was equivalent to 60 percent of total revenue

year while demand for mobile data nearly doubled YoY to 6.7GB/data sub/month from video streaming and increased 4G handset penetration (46%). To compete for quality subscribers who bring growth in data

) 4 Table 3 Major Projects Update & Recycling Growth Plan 6 Table 4 Reconciliation of Core Profit After Tax and NCI to Reported Net Profit 11 Table 5 Cash Flow Statement 11 Table 6 Debt Profile 12 Table