from rent and services In 1Q18, CPN recorded revenue from rent and services at THB 6,776 mn, an increase of 3.8% YoY due to the impact of the major renovation at CentralWorld and the transfer of

Baht 50 million in Q1’2018 to Baht 53 million in Q2’2018, primarily attributable to profits at our associate and our joint ventures namely BGYSP and BGSENA. Gain (Loss) on Exchange Rate • Recorded Gain

rent and services In 2Q18, CPN recorded revenue from rent and services at THB 6,819 mn, an increase of 4.6% YoY (for the first six months of 2018, the figure stood at THB 13,594 mn, an increase of 4.2

ventures namely ABPIF and BGSENA. Gain (Loss) on Exchange Rate • Recorded Loss on Exchange Rate at Baht 14 million in 9M’2018 and Q3’2018, primarily attributable to a realized loss on exchange rate from

first trading daywas on 13 March 2019. However, the Company provided short-term loan with no interest rate and recorded as advance payment to Asia Capital Group Public Company Limited ("ACAP") which is a

funds as stated in the prospectus. The Company’s first trading day was on 13 March 2019. However, the Company provided short-term loan with no interest rate and recorded as advance payment to Asia Capital

’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such cold rolled stainless steel

142.39 million Baht, decreased by 471.34 million Baht due to adjustment of the retention amount and advance payment for Tubma reservoir development project which recorded as Payable for purchase of fixed

brands and new products launches, together with the impact of additional provision for retirement benefits at the amount of THB 96.8 million recorded in Q2’19 to reflect severance payment of 400 days of

performance starting from 1 August 2018 after the measurement of fair value of Trans.Ad Group’s identifiable assets was completed. 2019 PERFORMANCE ANALYSIS (YoY) MACO recorded an operating revenue of THB