executive; as such, SUTGH is considered as a connected person of the Company. The connected transaction has a total transaction size of 233.7 percent of the Company’s net tangible assets (NTA), exceeding THB

Limited Management Discussion and Analysis for the Year 2018 Page 5 of 14 Net Profit The consolidated net profit in 2018 was THB 1,037. 97 million, decreased in amount of THB 624. 22 million or 37.55% down

comparing to 2018. GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 5 of 14 Net Profit The consolidated net profit in 2019 was THB 1,195. 45 million, increased in amount

) Gross Profit 474.83 14.30 602.83 13.87 (127.99) (21.23) 1,014.55 14.49 1,136.61 13.67 (122.06) (10.74) EBITDA 614.59 18.51 771.86 17.76 (157.27) (20.38) 1,372.61 19.60 1,375.58 16.55 (2.97) (0.22) Net

year end 2018 dated on December 31, 2018. 3. Approved to propose to the AGM to consider and approve the allocation 5% of net profit of the year 2018, or 3,156,801.55 baht as legal reserve, which the

Total Consolidate Joint Venture Total Real estate transferred activities 5,826.2 - 5,826.2 5,041.0 2,184.4 7,225.4 1,399.2 24.0% PAGE 2 However, The Group still managed to maintain the net profit margin

rate was 9.6. This is because in Q3-2023, the Company had a significantly lower gross profit margin than Q3-2022, net of reserves recorded in Q3-2022. The Company recorded an allowance for expected

Period (Day) 58 58 66 CASH CYCLE (Day) 9 14 18 PROFITABILITY RATIO Gross Profit Margin (%) 8.57 7.82 10.37 Net Profit Margin (%) 4.61 3.56 5.94 Return on Equity (%) 6.03 5.01 8.05 EFFICIENCY RATIO Return

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

% Net Profit for the company 29 63 117% 60 123 105% Gross profit margin (%) 67.0% 64.4% (2.6%) 67.4% 64.9% (2.5%) EBITDA margin (%) 23.2% 30.2% 7.0% 24.1% 30.7% 6.6% Net profit margin (%) 13.9% 20.0% 6.1