Operating revenue 4,849 6,661 5,837 (12%) 20% 19,917 24,777 24% Gross profit 1,315 1,606 1,264 (21%) (4%) 4,868 6,351 30% EBITDA 1,137 1,371 974 (29%) (14%) 4,187 5,457 30% EBIT 754 898 505 (44%) (33%) 2,836

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

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

its power plant business from renewable energy. Because it is a business with a consistent and stable income. However The company's main revenue and net profit are currently designing product & making

comparing to 1Q2019 and lower revenue of chicken processing business which decreased by THB 106.27 million or 6.44% down comparing to 1Q2019. The consolidated gross profit was THB 539. 71 million in 1Q2020

driven by the growth in Revenue mentioned above and the decrease in Selling and Administrative expenses (“SG&A”). The Company’s net profit was THB 1m, representing 101.2% growth yoy by inverting from the

2023 while our revenue increased by 15.9%. SG&A in terms of % to revenue improved from 6.5% in Q2 2022 to 5.8% in Q2 2023. Core operating profit (defined as Earnings before Interests and Taxes exclude

revenue 329 - 329 100% Other income - - - - Total revenues 329 - 329 100% Cost of sale (91) - 91 100% Other expenses (170) - 170 100% Total expenses (261) - 261 100% Profit (Loss) before FX, deferred income

) (34.35%) 649.54 786.33 (136.79) (17.40%) Gross Profit Margin 42.75% 52.05% 50.06% 54.99% 6. TAP WATER BUSINESS Tap water revenue for the first half of 2020 was 735.44 million Baht, decreased by 16.49

pushing SG&A expenses to increase 5.5% YoY. 1H22 EBITDA declined -1.8% YoY as a result of an improvement in total revenue offset by an increase in SG&A. Net profit reported at Bt12,616mn, declined by -7.8