since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time

property development business which results in the significant decrease in total revenue. The total gross profits for 2Q 2019 was 234 million Baht (48% of total revenue), decreased by 83% as compared to 2Q

from the policy. Nevertheless, The Esse at Singha Complex will start hand over units by 3Q19 while the Company is certain that transfer value would be as expected. On 10 June 2019, S Oasis, a 36-storeys

disposal of all share which held in Patara Fine Thai Cuisine Pte. Ltd (Patara) and SK Catering Pte. Ltd (SKC) Singapore total 11 Thai restaurants in the 4 th quarter of 2018 and because of the transfer of 4

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

special business tax of Baht 8 million and the transfer fee decreased by Baht 3 million which is in line with the decrease in the transfer of real estate, when compared to that in the same period of 2017. 2

the first half of the year, the company is able to transfer 21 units which has value estimated 55 million baht. The said revenue is the policy of revenue management of the Company's business group

same period of least year. The revenue from the main businesses of the Company and its subsidiaries as follows: - Sale of real estate business was THB 1,235.80 million or increased by THB 633.80 million

through buying and selling business include: หน้า 2 ของ 3 Solar panels and equipment, the company conducts business through ACC Infra Co., Ltd., a subsidiary company, holding 100% of the shares. The company

of 270 million Baht or 9% as compared to 2017. This comprises of (1) gross profit from property business of 1,461 million Baht (24% of total revenue from property business), a decrease 12 million Baht