Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary The Company implemented proactive measures to timely manage the situation rapidly

consolidated financial results, the Company has total revenues stable compared to the same period of last fiscal year due to the current economic situation which is in an improved trend but the risks to asset

support of investment and private spending as well as bolstering opportunities for other economic sectors. Nonetheless, protectionism triggered by the US-China trade dispute dealt a blow to global economic

business operation, as the Company has continuous loss. Thus, the Company considers the business restructure of the Company’s group in order to cope with consequences from the current economic recession

recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial

economic downturn and the outbreak of COVID-19 pandemic. Net Profit and Net Profit Margin • The Company reported net profit in Q4/2020 and 2020 of THB 17 million and THB 55 million, respectively, decreased

1 Ref FN. 007/2020 Management Discussion and Analysis For operation of the year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

increase of quantity and continuously delivered both from projects in Eastern Economic corridor (ECC) and from drought-related projects. The operating results of the Company and its subsidiaries in the

Microsoft Word - MDA_E_Q22020.docx                         WIIK PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor, Ratchadapisek Rd. Huaykwang, Bangkok

travel restrictions which affect the number of both Thai and foreign tourists. At the same time private consumption is in a declining trend due to the freeze in economic activity, while the purchasing