decrease of 43 million baht or 2% compared to 2015, and earning per share (EPS) of 9.61 baht per share. The operating performance is summarized as follows; Overview Overall, the Thai economy in 2016 expanded

Analysis of Operating Results For the Year Ended December 31, 2017 Report and Analysis of the Operating Results In 2017, the operating result of the Group continues to grow steadily. The aviation fuel

which may affect the company’s credibility should it undertake fund management business, and whether the company has prepared for the operations of the branch office to be established, an operating system

operating system that is appropriate for servicing customers, as prescribed in clause 5 of the Notification of the Securities and Exchange Commission No. KorNor. 2/2550 Re: Rules, Conditions and Procedures

1 (Translation) MD. 134/2019 August 7, 2019 Re: Management Discussion and Analysis For the Operating Results ended June 30, 2019 To: President The Stock Exchange of Thailand Management Discussion and

1 (Translation) MD. 155/2018 November 14, 2018 Re: Management Discussion and Analysis For the Operating Results ended September 30, 2018 To: President The Stock Exchange of Thailand Management

3344 Fax. 66 2 654 3323 No. PACE IR2018/018 Date: 14 November 2018 Subject: Explanation of the Operating Results for the third quarter of the year 2018 ended 30 September 2018 changing over 20% To: The

CPN’s operating results despite the impact on its revenue from rent and services from the major renovation at CentralWorld, the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold

year at 14.7%), which is in-line with the business plan. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 8 of 13 Gross profit ratio stood at 48.0% whilst operating

(English Translation) Page 1 Date : 5 February 2018 Subject : Notification of the Board of Directors’ Resolution Concerning the Plan to Spin Off its Subsidiary and to List Shares on the Stock