Increase (Decrease) Million baht Million baht Million baht % Total revenue 388.06 819.95 (431.89) (52.67) Cost of sales and services 390.44 656.76 (266.32) (40.55) Sales and Administration Expenses and

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 12 Executive Summary Growth in both revenue and net profit demonstrates the effectiveness of retail

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

R&B Food Supply Public Company Limited 24 February 2020 Re Management Discussion and Analysis for the year 2019 (Revised) Attn. The President The Stock Exchange of Thailand (SET) R&B Food Supply

: 0107556000248 No. (SUTHA-SET) 025/2017/Eng 11 August 2017 Subject: Management Discussion and Analysis of the Company and subsidiary for the three-month period and six-month period ended 30 June 2017 To: The

%YoY 1Q17 %QoQ 1H17 1H16 %YoY Gross profit margin (%) 47.00 45.97 1.03 43.02 3.98 44.99 45.30 (0.31) Distribution costs and administrative expenses to total revenue (%) 39.60 29.31 10.29 34.72 4.88 37.14

Selling expenses and administrative expenses to total revenue (%) 43.85% 41.89% 1.95 44.79% -0.94% 44.28% 40.10% 4.18 Net profit margin (%) 2.10% 1.48% 0.62 -0.71% 2.81% 0.79% 3.61% -2.82 1. Total Revenue

the financial system. The performance of Central Pattana Public Company Limited (“The Company” or “CPN”) in 1Q19 shows total revenue of THB 8,719 mn, an increase of 9.5% from the same period in the

2-2019, the Company and its subsidiaries had total revenue of 268.56 million baht, a decrease of 104.65 million baht or 28.04 percent compared to the same period in 2018 had total revenues 373.21