FX losses was only accounting implication and did not affect the Company’s cash flow or its operating performance. • Finance costs decreased by 26.1%, mainly from significant decrease in cost of fund

joint ventures and higher depreciation and finance costs due to the adoption of TFRS16 • Total assets as of 30 June 2020 stood at THB 64,158mn, increasing by 19.9% or THB 10,627mn from 31 December 2019

value Our 5G network continued to expand and covered 25% of population, focusing on the high-usage area and utilizing the largest bandwidth of 2600MHz to deliver superior customer experience versus our

rental area for some branch for reduce rental fee and moreover the Company has promotional activity, made an advertisement in each area for increased sale. Management’s discussion and analysis for the

307.54 (34.85) (10.18%) 1,764.82 1,674.52 (90.30) (5.12%) Finance cost 38.01 35.03 (2.98) (7.84%) 119.56 140.85 21.29 17.81% Income tax expenses 60.45 47.54 (12.90) (21.35%) 326.66 301.65 (25.00) (7.65

(126.34) (7.55%) Finance cost 54.83 35.03 19.79 56.50% 157.21 140.85 16.36 11.62% Income tax expenses 35.20 47.54 (12.35) (25.97%) 261.19 301.65 (40.47) (13.42%) Net profit 240.25 224.96 15.29 6.79

49.34 17.69% Finance cost 49.11 68.10 18.99 38.67% Income tax expenses 48.04 57.52 9.48 19.73% Net profit 181.71 202.58 20.87 11.49% Net profit ratio (ROS) 17.16% 15.74% Earnings per share (Baht) 0.34

placing a great emphasis on effective revenue generation and efficient cost management. CPN currently manages 30 shopping malls with the net leasable area (NLA) of approximately 1.6 mn sqm. In 3Q17, the

administrative expenses 98.56 100.45 1.89 1.92% 293.80 301.13 7.34 2.50% Operating profit 428.70 412.15 (16.55) (3.86%) 1,422.44 1,366.98 (55.46) (3.90%) Finance cost 24.89 35.10 10.22 41.06% 81.54 105.82 24.27

Buri Province, area 57,0,84 rais Valuation Method for Selling Price : Mutually agreed market price Selling Value : 38,800,000.00 Baht or 678,200.00 Baht/rai Book Value : 70,370,000.00 Baht or