Limited Management’s Discussion and Analysis (MD&A) Page 2 of 13 Major Events in 2Q18 Announced new malls in 2019: “Central Village”, a new shopping platform, and “CentralPlaza Ayutthaya” Announcement of

companies and decreased revenues from construction contracts. Revenues from construction contracts and sales of construction materials For the first six months of 2020, the Company and its subsidiaries

our aspiration to become “Customers’ Life Platform of Choice”, meaning the most-preferred platform that can meet customers’ needs in every aspect of their lives, in order to deliver an excellent

Management Discussion and Analysis for Interim Business Operation ( Revised ) Financial Performance for the year ended Sebtember 30, 2019 (Unit : Millon Bath) 2019 2019 Inc/(Dec) % Construction

Management Discussion and Analysis for Interim Business Operation Financial Performance for the year ended Sebtember 30, 2019 (Unit : Millon Bath) 2019 2019 Inc/(Dec) % Construction income 23.88

Platform of Choice” in order to maintain existing clients with good track records while also broadening opportunities to acquire new patrons via digital channels. KASIKORNBANK has established its business

.) % Construction income 63.82 68.01 -4.19 -6.16 Service income 6.20 8.75 -2.55 -29.14 Sale of goods 0.00 - Other income 0.44 4.30 -3.86 -89.77 Total Revenues 70.46 81.06 -10.60 -13.08 Cost of constuction 63.58 88.52

follows : Statement of Comprehensive Income (Unit : Million Baht) Details 31 Dec 2561 31 Dec 2560 Increased (Decreased) % (%) Revenues from construction contracts 1,387.08 1,019.29 367.80 36.08 - EPC

business is construction work which has all scope of work on Engineering drawing, Procurement machine and equipment, and Construction management to serve all client requirement in every construction process

Group’s business is construction work which has all scope of work on Engineering drawing, Procurement machine and equipment, and Construction management to serve all client requirement in every construction