and its subsidiaries’ operating results for the quarter ended March 31st 2018 Unit: THB Million Q1/2017 Q4/2017 Q1/2018 YoY QoQ Total Revenue 43,995 46,306 44,226 1% -4% Accounting EBITDA 4,075 3,494

of Transaction Value: Value of acquisition of assets has compared to value of total assets of the Company by comparing with actual buying and selling price of the land that is located nearby

to be discussed further herein is for the fiscal year ending 31 December 2019, 2018, and 2017 and has been prepared on a consolidated basis. Consolidated financial information 2019 2018 2017 Total

clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1 1,492.8 2,714.4

% 228.55 90.78% Other income 10.38 2.11% 10.91 4.15% -0.54 -4.90% Total revenue 490.69 100.00% 262.67 100.00% 228.02 86.81% Expenses Costs of sales of immovable property 404.85 82.51% 165.17 62.88% 239.68

Total sales 195.08 98.93 150.81 99.95 29.35 525.24 98.89 439.43 99.66 19.53 Other revenues 2.11 1.07 0.07 0.05 2,914.29 5.88 1.11 1.51 0.34 289.40 Total revenues 197.19 100.00 150.88 100.00 30.69 531.12

Station - Tha Phra Station) which will be connected and operated as a Through Operation. The MRT Blue Line Extension Project, which has a total distance of 27 kilometers with 20 stations, connects with the

% 119.5 114.3 4.6% Other Revenue 1 19.6 1.9 911.4% 24.0 34.2 -30.0% Total Revenue from Sales and Services 443.4 406.2 9.2% 1,288.9 1,199.6 7.4% 1 Other Revenue consists of Excessive Charge, Service Fees for

. The total value of new projects launched are 4.6 billion THB as follows: 1) 1 residential condominium project i.e. Lumpini Place Taopoon Interchange with the sales volume of 750 million THB. The project

) (5.19%) EBT 28.98 7.08 21.90 309.47% 159.82 124.60 35.22 28.26% Tax 1.11 0.38 0.73 193.99% (5.35) (17.87) 12.52 70.04% Net Profit 30.10 7.46 22.64 303.61% 154.47 106.73 47.74 44.72% Total Comprehensive