& administrative expenses Baht 147.29 million Baht 94.34 million Baht 52.95 million 56.13 1.6 Finance cost Baht 60.01 million Baht 49.91 million Baht 10.10 million 20.24 2. The operation results (from the

1 Translation CEN 013-2019 August 14, 2019 Subject Management discussion and analysis for business operation Quarter 2-2019 To The Manager and President The Stock Exchange of Thailand Operating

1 Translation CEN 031-2018 August 14, 2018 Subject : Management Discussion and Analysis for business operation of Quarter 2-2018 To : The Manager and President The Stock Exchange of Thailand Business

4.21 million 16.43 1.6 Administrative expenses Baht 133.79 million Baht 121.12 million Baht 12.67 million 10.46 1.7 Finance cost Baht 51.46 million Baht 60.01 million Baht (8.55) million (14.25) 2. The

customers and employees. The Group constantly monitors the situation to manage and mitigate risks, assess the impact on the business, and ensure that the operations comply with additional health and safety

187.2 265.4 141.8% Share of profit (loss) from investment in associates and joint venture 95.0 71.5 23.5 32.8% EBIT 547.7 258.8 288.9 111.6% Finance Income 2.5 -0.5 3.0 N/A Finance cost 97.7 82.5 15.2

Business USD in Millions 3Q17 2Q17 3Q16 3Q17 YoY% LTM 3Q17 LTM 3Q16(R) LTM YoY% Total Production (in '000 tonnes) 2,387 2,223 2,380 0% 9,063 8,244 10% (1) Consolidated Sales 2,174 2,089 1,878 16% 8,148 6,966

Pattana”) in 1Q20 shows total revenue of THB 11,423 mn and net profit stood at THB 4,592 mn, mainly influenced by non-recurring items as well as revenue from residential business together with cost

follows: 6M/2016 4,128.7 458.2 266.4 4,853.3 1 3,595.7 Page 1/5 . 5/2017 on any and the xamined by 7 showed a mpany’s net subsidiaries ofit of 263.3 ted as a net same period performance ent business an

negotiation between the Company and the Seller and took into account the fundamental intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has