P#$ 2: &' ! FIBV + %')'#+"#$./+!#[/+(#$P % #$ :International Federation of Stock Exchanges' (FIBV) annual report, 2005 )+!C!C#S#$O*&%./+O.'* + % (#O #LO! (operating profit) .'O#[ (net income

the two languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However

structure 11. Corporate governance 12. Social responsibility 13. Internal control and risk management 14. Related party transactions 2.4 Financial position and operating results 15. Important financial

same-store basis that continues to grow in terms of revenue and operating profit, which is in-line with the business plan. CPN continues to emphasize on effective revenue generation through new shopping

operating result for nine months Comparing accumulated operating results for 9 months with the same period of the prior year, the group’s profits increased by Baht 24.07 million, due to the following reasons

Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized as follows. Overview According to the Bank of Thailand (BOT) and the National Economic and Social Development

Operating Results of the Company in Q3/2019 Q3/18 Q3/19 (THB million) YoY Operating Revenue 287 219 (24%) Gross Profit 188 137 (27%) EBITDA 91 58 (36%) Net Profit for the Company 60 13 (78%) Gross profit

Baht 6,242.3 million, as compared to the 2018, Baht 7,637.5 million, decreased Baht 1,395.2 million, due to net loss from operating and dividend payments during the Q3/2018 to the Q2/2019. As of 31

subsidiaries have the total shareholder’s equity valued Baht 7,427.4 million, as compared to the 2018, Baht 8,468.0 million, decreased Baht 1,040.6 million, due to net loss from operating and dividend payment

6,930.8 million, as compared to the 2018, Baht 8,012.8 million, decreased Baht 1,082.0 million, due to net loss from operating and dividend payments during the Q3/2018 to the Q2/2019. As of 30 June 2019