Discussion and Analysis (MD&A) Page 6 of 13 Revenue from sales Revenue from sales of real estate comprises the transfer of ownership in residential units to customers, which CPN began to record the sales from

Fung Keong Rubber Manufactory (Malaya) Sdn Bhd (“FKRMM”) from Consistent Record Sdn Bhd MYR which accounted for 100% of total paid-up capital of FKRMM. Payment in acquiring transaction equal to

Property Business: the Company will be able to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and

% 30.1 25.1% Net Profit attributed to Equity Shareholders 118.3 4.3% 104.8 3.9% -13.5 -11.4% Revenues Analysis The Company’s total revenue for the first quarter of 2020 was 2,664.4 million Baht which was a

-Decline Production Curve. This led the Exploration and Production Business to record an EBITDA of THB 93 million (+58% YoY, -30% QoQ). BCP Energy International Pte, Ltd., a subsidiary of the company, has

remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing

record of net FX gain of THB 242 million. This was due to record of (i) unrealized FX loss increased by THB 247 million; (ii) realized FX loss increased by THB 18 million; and (iii) gain from fair value

Assets like Customer Relationship and Production Formula. 2/ NTA of UAC from audited consolidated financial statement as of 31 December 2017 only shareholders’ equity, excluded non-controlling interests is

to achieve COD as scheduled in PPA, and construction cost is in line with the budget approved by lenders. This achievement would enable us to keep record of managing the project to commence COD in time

(if any) 7. To set the record date to determine the shareholders’ entitlement to participate in the EGM No.2/2017 to be on 13 October, 2017. Please be informed accordingly Yours sincerely, (Associate