) Consolidated Financial Results: 4Q17 & FY2017 Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 2 / 12 In 2017, CentralWorld and CentralPlaza Rama 3 have undergone major

long-term loan from Financial Institutions in 2019. Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 6 Net Profit In 4Q19, the Company had the net profit including

45.4% yoy and Baht 118 million for FY2019, increased by 81.5% yoy. This increase was from the interest expense from bond issuance in 3Q18 and from more short-term and long-term loan from Financial

according to financial statement of the Company as of 31 December 2017, the details of the calculation are as follows: Calculation Transaction size 41.55 MB (Consideration value) 771.45 MB (The Company Net

. 2546 (as amended) (the "Connected Transaction Notifications") Calculating the size of connected transaction according to financial statement of the Company as of 31 December 2017, the details of the

, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 Net Profit and Net Profit Margin Net Profit For the Year Ending 31 December % Change 2018 2019 Net Profit (THB Mn) (as per financial statement) 140.2 106.2

registration of the asset lease is expected to be completed within the 4Q17. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: 2Q17 Central

. With an overall improvement in the Operation of the business of the Company and Financial prudence, Net Loss for the quarter reduced to THB 72 Million against THB 451 Million last year quarter mainly due

condition for Thanasiri Group and the Company to evaluate the total land of project for financial purpose which both companies must complete all condition precedents of share purchase agreement first and then

MANAGEMENT DISCUSSION & ANALYSIS 2019 14 FEBRUARY 2020 U CITY PCL 2019 - MD&A (for the year ended 31 December 2019) 1 U CITY PCL 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by 53.4% YoY