Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 1 (Translation) 1. Significant events of the , nd quar ter of 2018 1.1 The Expansion of Electr icity and Stream

) Director Company Secretary Office Tel. 02-192-3737 Ext. 700 (Puntipa) Information on the investment of Eureka Design Public Company Limited Investment in water production and sales project for the amount of

% up from 1Q2019 mainly from higher deferred tax expenses comparing to 1Q2019. Net Profit The consolidated net profit in 1Q2020 was THB 324.66 million, increased in amount of THB 96.80 million or 42.48

10% of final bid price and submit a letter of bank guarantee for the remaining amount within 15 days before the starting date of license 2nd -10th installment 10% of final bid price on each installment

amount of THB 81.94 million or 56.16% up from THB 145. 92 million in 1Q2018. The EPS of 1Q2019 was THB 0. 18 per share. The increase in consolidated net profit was primarily driven from higher revenue from

tax expenses of our subsidiaries. Net Profit The consolidated net profit in 2Q2019 was THB 341.50 million, increased in amount of THB 129.91 million or 61. 40% up from THB 211. 59 million in 2Q2018. The

million, decreased in amount of THB 61. 26 million or 14. 02% down from THB 436. 87 million in 3Q2018. The EPS of 3Q2019 was THB 0. 30 per share. The decrease in consolidated net profit was primarily driven

Payment) 23) Dividend Payout = (Dividends / Net Income) * 100 * The Company paid dividend in 2015 in amount of 0.25 Baht per share, however, separate financial statements in 2015 shown net loss, dividend

Generate New Revenue Stream “Common Ground” launched its first co-working space in Thailand at G Tower located at Rama9, the new CBD area in Bangkok. CPN actively find opportunity for new potential

addition of solar power assets. On the liabilities side the short-term borrowing facility increased due to an increase in the amount of the trust receipt used to purchase petcoke however non-current