4: Summary of Financial Results Management’s Discussion and Analysis (MD&A) For Q2/2017 14 Unit : Million Baht 30 June 2017 31 December 2016 % Increase (Decrease) Assets Current assets Cash and cash

14 Unit : Million Baht 30 June 2017 31 December 2016 % Increase (Decrease) Assets Current assets Cash and cash equivalents 621 623 (0%) Temporary investment - trading security 94 - 100% Trade accounts

decrease of 1.6% yoy Financial Position Assets As of 31 March 2018, the company reported total assets of THB 10,230 million, an increase of THB 252 million or 2.5% from 31 December 2017. • Current assets

and the increase in non-current liabilities of Baht 497.19 million, consisting of; 1. O/D and short term loans increased Baht 40.39 million, mostly from short term loans of the company and subsidiaries

during this period as well. 6. Increase in non-current assets held for sale of THB 2,229.6 mm due to the reclassification of assets, which will be sold to WHART and HREIT as mentioned above. 74,783.6

after the market price increased during this period. 2. Increase in non-current assets held for sale of THB 1,151.9 mm due to the reclassification of assets, which will be monetized to WHART and HREIT. 3

- Increase of liabilities from contract on project which create burden of 36 Million Baht (as above mentioned) - Increase of non-current assets for employee benefits of 8.32 Million Baht - Decline on bank

uncertainty of money market during COVID-19 pandemic. 5. Increase in non-current assets held for sale of THB 986.5 mm was from the reclassification of assets, which will be monetized to WHART and HREIT from

revenue as mentioned above. However, the Company has invested more in the investment properties during this period as well. 7. Increase in non-current assets held for sale of THB 891.8 mm due to the

increased by THB 289 million mainly due to the THB 237 million increase in dividend payable and the THB 78 million recognition of the Current Portion of Liabilities under lease agreement. • Non-Current