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

of the Year Period Ending December 31, 2017) (1) Overall Operating Results For the year 2017, the total revenue from sales and services of the Company and its subsidiary (together referred to as the

% ( Total consolidated sales and services income excluding construction revenue under concession agreement of 2,100.73 million Baht, decreased by 121.19 million Baht or 5.45%) and Net profit attributable to

toll revenue sharing based on the toll rate under the Ministry of Transport’s Announcement dated August 29, 2003 and the toll rates which the Company entitled to receive under the Agreement, calculated

% Finance cost 35.09 41.36 6.27 17.87% Income tax expenses 37.04 42.24 5.20 14.04% Net profit 139.02 150.12 11.10 7.98% Net profit ratio (ROS) 19.92% 17.25% Earnings per share (Baht) 0.26 0.28 0.02 6.92

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

Baht 887 million and earnings per share of Baht 0.45, compared to consolidated profits (attributable to equity holders of the parent) of Baht 1,022 million and earnings per share of Baht 0.51 the

compared with net loss of Baht 4.6 million in the same quarter last year. Earnings per share was Baht 1.27. In the nine-month period, the Company reported consolidated revenues of Baht 1,414.7 million

2,358.52 Million Baht. However, per IFRS 15 (revenue from contracts with customers) the Group could not record revenue for procurement and fabrication service which not yet deliver to the client. As IFRS 15

-controlling interests of the subsidiaries (0.01) (0.02) (0.04) (0.07) (0.03) (300.00) Revenue Revenues from operation of the Group Company consist of revenue from services and rental including procuring project