Results: 1Q19 Major Events Performance Business Plan Document Quick Link Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 2 of 15 CPN continues to emphasize on

Costs of rent and services constituted utilities, security & cleaning services, on-site personnel, land rental, depreciation & amortization, repair & maintenance costs and insurance premium and property

constituted utilities, security & cleaning services, on-site personnel, land rental, depreciation & amortization, repair & maintenance costs and insurance premium and property tax of properties owned for rental

increase in accounts payable. Quick Ratio (x) 2.62 3.47 (0.85) Return on Equity (%) 4.27 5.83 (1.56) The decrease in 1H18 net profit. Debt-to-Equity Ratio (x) 0.10 0.09 0.01 Slightly increase from

quick ratio in 2016 and 2015 was 3.50 times and 3.09 times, respectively. Liquidity Ratio: When considering the overview, the Company had ability to debt repayment without any risk effect. Based on the

2017 Change Reason Liquidity Ratio (x) 5.28 6.80 (1.52) The increase in accounts payable and other payable. Quick Ratio (x) 1.88 3.47 (1.59) Return on Equity (%) 3.19 5.83 (2.64) The decrease in 9M18 net

the asset in comparison with market information on the cases of land currently advertised for sale with similar/comparable location and characteristics as the land with notice of offer to purchase, of

of rent and services constituted utilities, security & cleaning services, on- site personnel, land rental, depreciation & amortization, repair & maintenance costs and insurance premium and property tax

results based on its audited consolidated financial statements ended 31 December 2018 as follows. Management’s Discussion and Analysis The following Management's Discussion and Analysis should be read in

results based on its audited consolidated financial statements which ended 31 December 2019 as follows: Management’s Discussion and Analysis The following Management's Discussion and Analysis should be read