Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 13 Executive Summary Revenue and net profit have growth according to the business plan In 2Q18, the Thai

for 9M19 since it caused the drop in revenue with the cost of employees of Dusit Thani Hotel Bangkok. However, the Company sold the long-term investment and recorded the profit in 2Q19 as per Business

the decrease in business’s result for 9M19 since it caused the drop in revenue with the cost of employees of Dusit Thani Hotel Bangkok. However, the Company sold the long-term investment and recorded

previous quarterly. To: The President The Stock Exchange of Thailand COVID-19 outbreak that pressures global economies into recession Governments around the world therefore issue stimulus measures such as

of 2018. The sales of SIM card is continuously being good and shall reflect to the benefit from revenue of SIM distribution. Besides, under the aforementioned cooperation, the sales of mobile phone

2019, The Company reported total revenue of 8,996.3 million baht (year 2018: 8,182.7 million baht), an increase of 813.6 million baht or 9.9 percent, a gross profit of 2,828.3 million baht (year 2018

economy continues to grow steadily despite a decline in export growth, primarily driven by a slowdown in global economy growth. Growth to the Thai economy is attributed to a number of factors, namely 1

its subsidiaries as details below: (Unit: Baht millions) For the period of three months Consolidated financial statement ended 30th June Apr 2018 - June 2018 Apr 2017 - June 2017 Change % Change Revenue

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s total revenue and net profit continues to grow according to its business plan

Biodiesel Edible oil By-product Palm oil refining service Refined Glycerine Vessel operating Total Sale and service Other income Total revenues Segment revenue variance 496.88 (42.45) 1.06 (37.62) 417.87 8.40