Lane, Amphur Bangpa-in, Ayuthaya Province 13160, Thailand Tel (035) 350 880 Fax (035) 350 881 Website: www.aapico.com Management Discussion and Analysis for the year 2021 2 Total revenue increased by

quarter of the year 2020, as at 30 June 2020, TCJ and its subsidiaries had the total revenue of Baht 568.38 million increased from Baht 543.85 million in the year 2019 or increased by 4.51%. Revenue

) (0.36) (0.21) (81.45) SAAM Energy Development Public Company Limited - 2 - Revenue Total revenues from operation of SAAM Group consist of (1) revenues from provision of service and rental including the

) (0.12%) 0.00 0.00% (0.02) (2,300.00%) Revenue Total revenues from operation of SAAM Group consist of (1) revenues from provision of service and rental including the procurement of project land site and

higher than the assessed price. 2. The Company will gain revenue as the increased cash flows of 70.00 million that the Company can further utilize as repayment of debt from certain amount of commercial

expanding through TV media and online channels. This is the core business of Shop Global (Thailand) Ltd. that the Company has invested in. And this will be another sales channel for expanding market and sales

881 Website: www.aapico.com Management Discussion and Analysis for the 3rd quarter of year 2018 2 Total revenue grew by 3.1% compared to last year, driven by higher sales from both automotive parts and

: Million Baht) Consolidated financial statements Q1’ 2020 Q1’2019 % Change Sales and Service Income 530 481 10 Other Revenue 6 3 200 Less Cost of Sales and Services 433 388 12 Selling and Administrative

capacity (new Kiln 7 started in Hua Pha Way in Q1) and the full effect of Saraburi Quicklime. Similar to Q2 2018, the revenue was primarily from core business without significant contribution from

Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Growth continued both revenue and net profits, attributed to efficient