associated with reduced revenue. Expenses are as follows. Cost of sales - Real estate development business of Baht 15.97 million, sale and administrative expenses of Baht 4.23 million (Most of them are

(Revised) To: The Director and Manager The Stock Exchange of Thailand The Company would like to report the operating results for the 2nd Quarter ended June 30, 2018 that total revenue was at THB8.94 million

of 99.77%. The Company would like to clarify significant changes in the Group’s operating results as follows: 1. Revenues from sales and services for the six-month period of 2020 total of Baht 32.68

. 1Q2017 vs. 4Q2017 UNIT: million baht 1Q2018 1Q2017 % yoy 4Q2017 % qoq Sales Revenue 4,631 4,246 9% 5,219 -11% EBITDA 211 312 -32% 387 -45% EBITDA Margin (%) 4.6% 7.3% -2.7% 7.4% -2.8% Stock Gain/(Loss

) 2018 2019 MB % Revenues from sales and rendering services 2,632.52 2,776.38 143.86 5.46% Revenues from hotel operations 105.72 88.28 -17.45 -16.50% Total revenue 2,738.25 2,864.65 126.41 4.62% Cost of

period 5,126.4 9.66 4,928.8 10.01 197.6 4.01 5,516.3 11.77 (389.9) (7.07) Breakdown of sales revenues by business group Product Group 2018 2017 2016 revenue % revenue % revenue % Power Electronics Group

amount THB 85.7 MB, equivalent to 45.0% of total revenue and can be summarized as the following: The Company’s revenue from sales amounted to THB 269.1 MB and THB 172.5 MB in Q2/2020 and 2019 respectively

of the Year Period Ending December 31, 2017) (1) Overall Operating Results For the year 2017, the total revenue from sales and services of the Company and its subsidiary (together referred to as the

that are flown Revenue per ASK (RASK) : Income of sale and services of the Company (meaning total revenues from the standalone financial statements net gain on sales of investment, reversal of allowance

Discussion and Analysis (MD&A) Page 6 of 13 Revenue from sales Revenue from sales of real estate comprises the transfer of ownership in residential units to customers, which CPN began to record the sales from