held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS

million from gain from investment in securities decreased of Baht 21.79 million due to loss from investment in equity securities increased of Baht 22.43 million whereas gain from investment in debt

to the future resolution plan of EARTH. The operating results in which equity method is applied of KT ZMICO for the second quarters of the year 2017 are as follows:- Unit : Million Baht For the second

and increase FN brand equity in a long run. For the proportion of other income to total revenue, the Company was able to maintain proportionate compared to previous period. The Company targets to expand

Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,437 32,615 Total Liabilities 20,059 21,747 Total Equity 1,364 10,868 Average

1,336 HRC Average Selling Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,172 32,615 Total Liabilities 19,781 21,747 Total Equity

29.3% YoY. FSMART has continued the strategic plan of expanding the number of Boonterm kiosk effectively and maintaining the ARPU (average revenue per unit) level efficiently. In 2017, the average ARPU

and Analysis For 1Q18 P a g e | 5 Shareholder’s Equity As of 31 March 2018, shareholders’ equity was THB 6,164 million, an increase of THB 283 million or 4.8% from 31 December 2017. Contributing to

Discussion and Analysis (MD&A) Consolidated Financial Results: 1Q20 Major Events Performance Business Plan Document Quick Link Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A

requested the Company to repay such loan in the amount of THB 80,000,000. The Company, at the time, also had a plan for the financial restructuring by using the debt to equity conversion to reduce the