Discussion and Analysis (MD&A) Page 2 of 16 Major Events in 2Q20 Mitigation plan for affected businesses during COVID-19 pandemic situation The Company re-opened all 34 malls in May 2020 according to

Discussion and Analysis (MD&A) Page 2 of 15 Major Events in 2Q20 Mitigation plan for affected businesses during COVID-19 pandemic situation The Company re-opened all 34 malls in May 2020 according to

Markets) (4) การพัฒนา Mitigation, Adaptation, Resilience and Sustainable Finance (MARS) Framework เพื่อสนับสนุนการเงินด้านการเปลี่ยนแปลงสภาพภูมิอากาศภายในภูมิภาค (5) การประเมิน ASEAN Corporate Governance

2026–2030), 2. อนุกรมวิธานอาเซียนเพื่อการเงินที่ยั่งยืน ฉบับที่ 4 (ASEAN Taxonomy for Sustainable Finance, Version 4), 3. คู่มือการบรรเทาผลกระทบ การปรับตัว ความยืดหยุ่น และการเงินที่ยั่งยืน (mitigation

change mitigation targets under the Paris Agreement, as referenced in the Thailand Taxonomy.

follows: Income Statement For the three-month ended March 31 Change Unit: Million Baht 2018 2017 Amount % Revenues from construction services and sales of construction materials 7,389.74 8,064.50 (674.76

, increasing from the same period of the previous year by Baht 53.75 million mainly due to increased construction revenue together with improved gross profit margin and increased share of profit from associated

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

, increasing from the same period of the previous year by Baht 531.13 million mainly due to more share of profit from investments in associated companies. Revenues from construction services and sales of

Company”) would like to submit the Management Discussion and Analysis for the year ended 31st December 2019 as follows: Construction and servic revernue In 2019, the group of companies had construction and