CITY PCL 2018 MD&A (for the year ended 31 December 2018) 4 U CITY PCL 15 MAY 2018 2018 PERFORMANCE 2018 P&L SNAPSHOT AND ANALYSIS (THB mn) 2018 2017 YoY 4Q 2018 3Q 2018 % QoQ Operating revenues 6,396.2

, Q1 2019 Q1 2018 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 296.06 252.16 43.90 17% Other income 0.70 1.37 -0.66 -49% Total revenues 296.76 253.53 43.24 17% Cost of

of 2020 Second quarter of 2019 Increased (Decreased) Amount % 1.1 Revenues from construction 1,771.93 MB 1,353.08 MB 418.85 MB 30.96 1.2 Cost of construction compared with revenue from construction

, increased from Baht 341.3 million in the same period of the year 2016 or increased by 23.1 percent due to the same store sales of the company increased by 21.2 percent. The Company’s net profit was increased

Q1-2018 operating performance. Revenue form Sales for Q1/2019 and Q1/2018 was 472.09 million baht and 359.72 million baht, respectively. It increased 112.37 million baht or 31.24% when compared with Q1

% with costs of sales and services of ฿ 280.58 million, a ฿ 38.41 million or 12.04% decrease. Despite decreasing of income from sales and services, costs of sales and services have also decreased by a

operating performance. Revenue from Sales for Q3/2020 and Q3/2019 was 486.43 million baht and 415.68 million baht, respectively. It increase 70.75 million baht or 17.02% when compared with Q3/ 2019. because

as follows: Management Discussion and Analysis For the six months period ended June 30, 2018 Results of Operations Sales Revenue For the six months period ended 30 June 2017 and 2018, the Company’s

40,522.7 41,059.4 41,849.0 43,575.1 Total Revenues Million Baht 7,518.8 6,003.9 7,981.7 7,681.7 Cost of Goods Sold Million Baht 2,581.9 2,519.8 2,934.6 2,588.0 Net Profit Million Baht 4,903.6 4,500.8 5,202.0

0.9% -4.3% 36,380 - SIM and device sales 7,222 10,813 6,465 -10% -40% 6,465 - Total revenues 43,262 48,818 42,845 -1.0% -12% 42,845 - Regulatory fee (1,403) (1,459) (1,409) 0.4% -3.4% (1,409