227 mn was recognized in administrative expenses Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 6 of 16 • Tax on GLANDRT dividend received amount THB 62 mn, the

227 mn was recognized in administrative expenses Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 6 of 15 • Tax on GLANDRT dividend received amount THB 62 mn, the

and intense competition. Transaction For the Year ended 31st December Unit 2019 2018 Gross Profit Ratio % 10.90 14.58 Earnings Ratio % 0.19 3.15 Debt to Equity Ratio Time 0.30 0.27 Return on Equity

of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the

. DIVIDEND PAYMENTS - Interim cash dividend from the Company’s performance as of 1 January 2017 to 30 June 2017 at the rate of THB 0.018 per share (a total of THB 60mn) paid on 30 August 2017. - On 9 February

of long-term loan from financial institutions and the dividend for the second half of 2018 to the shareholder. - Short-term investments were 465.39 million Baht, increased by 61.11 million baht

% Core EPS after PERP Interest (THB) 0.85 0.67 1.31 (35)% 3.67 3.86 (5)% Core EBITDA/ton ($) 115 102 153 (25)% 119 132 (10)% Operating Cash Flow5 385 261 222 73% 1,172 855 37% Net Debt to Equity (times

, consumer confidence depression and high level of household debt though, there was some spending of consumer goods from the COVID-19 pandemic distress. However, the government sector has launched remedial

% Core EBITDA/ton ($) 102 113 140 (27%) 128 120 7% Operating Cash Flow5 261 250 241 8% 1,010 872 16% Net Debt to Equity (times) 0.92 0.87 0.61 51% 0.92 0.61 51% 1Consolidated financials are based upon

)% 4.12 3.26 26% Core EBITDA/ton ($) 102 113 140 (27%) 128 120 7% Operating Cash Flow5 261 250 241 8% 1,010 872 16% Net Debt to Equity (times) 0.92 0.87 0.61 51% 0.92 0.61 51% 1Consolidated financials are