from 4Q19 onwards as well as transferred 2 standalone projects in 2Q20. Real estate business Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 12 of 16 Weighted

absence of revenue from hotel operations. Performance of real estate business Revenue from sales In 2Q20, the Company has residential project for sale which are sold out and transferred 5 projects

at 63.6%, a decrease from 67.9% in the same period of previous year in-line with expectation. Performance of real estate business Revenue from sales In 1Q20, the Company has residential project for

March 31, 2019, company and subsidiaries had less total assets than the period March 31,2018 at Baht 54.15 million or 4.48%, because of the Cost of real estate development projects for sales, deposit for

less total assets than the period March 31,2018 at Baht 54.15 million or 4.48%, because of the Cost of real estate development projects for sales, deposit for land ,Land held for development , Leasehold

September 30, 2020, company and subsidiaries had less total assets than the period September, 2020 at Baht 60.44 million or 6.60%, because of the cost of real estate development projects for sales, deposit

Baht 54.58 million or 4.61%, because of the Cost of real estate development projects for sales, deposit for land ,Land held for development , Leasehold improvement and equipment, Cash and Bank .And total

%, because of the Cost of real estate development projects for sales, deposit for land ,Land held for development , Leasehold improvement and equipment, Cash and Bank .And total liabilities at Baht increase

total assets than the period June, 2020 at Baht 248.81 million or 22.01%, because of the cost of real estate development projects for sales, deposit for land, Land held for development, Leasehold

period March 31, 2020 at Baht 256.53 million or 22.19%, because of the cost of real estate development projects for sales, deposit for land, Land held for development, Leasehold improvement and equipment