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

% Finance cost 18.41 36.80 18.39 99.89% Income tax expenses 22.21 28.27 6.06 27.29% Net profit 80.50 95.26 14.76 18.34% Net profit ratio (ROS) 18.98% 20.67% Earnings per share (Baht) 0.13 0.16 0.03 23.08

the same period of the last year. The decrease was primarily due to a decrease in profits from Joint ventures and associates from the store closure under government measures. 9. Tax expense (income) was

depreciation and finance cost. 8. Share of profit of associates and joint ventures was THB 84 million, increased by 6.6% from the same period of the last year, which was primarily due to an increase in profits

Company 3) The Company expects that once the Project is open for business, it will enhance the Company’s earnings and sustainable business growth opportunity, generating profits and cash flows to the

Company expects that once the Project is open for business, it will enhance the Company’s earnings and sustainable business growth opportunity, generating profits and cash flows to the Company in the near

and 33.105 THB/USD according to Bloomberg Markets as of 8 November 2017. Actual value may change depending on the exchange rate being effected as of the transaction date 4 2. Comparison of Net Profits

2017. Actual value may change depending on the exchange rate being effected as of the transaction date 4 (Baht in million) value 1/ 2/ 3/ 2. Comparison of Net Profits = Net Profits by shareholding

Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Growth continued both revenue and net profits, attributed to efficient

Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Continuous growth in both revenue and net profits, attributed to