) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 13 Executive Summary Revenue and net profit have growth according to the business plan In 2Q18, the Thai

accelerated inflation and a decline in consumer purchasing power. Through challenges from various factors, AIS delivered core service revenue growth of 1.6% YoY, with the momentum of Fixed Broadband and

to look after private health insurance patients. 44 หมู่ 4 ถ.แจง้วฒันะ ต.ปากเกร็ด อ.ปากเกร็ด จ.นนทบุรี 11120 โทร +66 2836 9990 โทรสาร +66 2106 4858 44 Moo 4 Chaengwattana Road, Pakkred, Nonthaburi

is based on revenue of OOH listed companies in SET Index. 2 Shopee replaced COMICO brand at Victory Monument station after the contract expired in January 2018. The fourth quarter of 2017/18 (ended 31

comprises of: (1) revenue from sales of residential condominium units of 6,115 million Baht (69% of total revenue), an increase of 191 million or 3% as compared to 2017 (2) revenue from Food and Beverages of

1 Forth Smart Service Public Company Limited (FSMART) FY18 Management Discussion and Analysis Operational Summary in FY18 2018 Operational Summary  Total revenue from core business was Bt3,339mn

between the U.S. and China caused lower global trade volume. The tourism sector also expanded at a slower rate mainly from Chinese tourists. The domestic demand grew at a slower rate resulted from private

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 12 Executive Summary Growth in both revenue and net profit demonstrates the effectiveness of retail

9M/19 Change+/(-) (Unit: Million Baht) QoQ YoY Operating revenue 6,661 19,990 19,226 (4%) 189% 18,940 48,283 155% Gross Profit 1,606 6,011 5,476 (9%) 241% 5,087 13,980 175% EBITDA 1,371 5,402 5,057 (6